(EnergyAsia, February 21) — Australian upstream company Santos has made a formal offer for Queensland Gas Company (QGC) of at least A$1.80 per share, which includes plans to create a robust new competitor in the eastern Australian gas industry. (US$1=A$1.33). The formal offer, valued at approximately A$960 million, was lodged last week with the…
AUSTRALIA: Santos submits formal “superior” offer to QGC Board
Posted on February 21, 2007 by EnergyAsia