Australian upstream company Santos Limited said it has agreed with Sunov Petroleum Pty Ltd to acquire Novus Petroleum’s Indonesian and Cooper Basin assets. The agreement is conditional on Sunov’s offer for Novus being successful. Sunov is the Crosby Capital Partners/Dr Bob Williams bid vehicle. Santos has agreed to acquire Novus’ 25% interest in the Kakap…

This article is for Subscriber members only.
Log In Register