LONDON (AFX) – Premier Oil PLC said it has sold its entire shareholding in the Sydney-based quoted company Australian Worldwide Exploration Ltd (AWE) for 13.1 million sterling. (US$1=0.65 sterling) The company did not name the buyer. The deal is in line with the group’s strategy of rationalising its portfolio and releasing value from non-core assets,…
AUSTRALIA: Premier Oil sells entire Australian Worldwide Exploration stake
Posted on June 23, 2003 by EnergyAsia