(EnergyAsia, October 17) — New Zealand’s Austral Pacific Energy Ltd said it has signed a heads of agreement to acquire all the shares of privately held oil and gas exploration and production company for Arrowhead Energy Limited for NZ$17 million (US$11 million). New Zealand-based Arrowhead’s principal assets include a 33% interest in the Cheal…
NEW ZEALAND: Austral Pacific Energy to acquire Arrowhead Energy
Posted on October 17, 2006 by EnergyAsia