(EnergyAsia, January 21, Monday) — Singapore Petroleum Company Limited (SPC) said it now owns or 12.83% or 80,574,126 ordinary shares of Australia’s Cue Energy Resources Limited. SPC has been progressively building up its stakes in the Australian upstream company since last July 23.In the latest announcement, SPC said it acquired 6,764,661 Cue Energy shares at…
AUSTRALIA: SPC’S Stake in Cue Energy Reaches 12.83%
Posted on January 20, 2008 by EnergyAsia