MANILA (AFX-ASIA) – Forum Pacific Inc (FPI) said it has approved Tracer Petroleum Corp’s purchase of a controlling interest in oil exploration subsidiary Forum Exploration Inc. FPI, in a disclosure to the stock exchange, said Tracer will purchase 125 million shares representing a controlling stake in Forum Exploration. FPI said Tracer has agreed to produce…
PHILIPPINES: Forum Pacific approves Tracer purchase of oil exploration unit
Posted on May 7, 2003 by EnergyAsia