JAKARTA (AFX-ASIA) – Indonesia’s PT Medco Energi Internasional said it will acquire all outstanding shares in Australia’s Novus Petroleum Ltd under Australian takeover regulations to assume 100% ownership. It said the move will complete its takeover of Novus which holds interests in oil and gas fields in Australia, Indonesia, the US and the Middle East…
INDONESIA: Medco increases planned bond issue by 300 billion rupiah to 1.5 trillion to acquire outst
Posted on July 5, 2004 by EnergyAsia