Arrow ups price for Bow Energy
Arrow Energy, a joint venture company owned by Shell and PetroChina, has raised its offer to acquire Bow Energy, from A$1.48 per share to A$1.52 per share. Based on Bow’s outstanding shares of...
View ArticleWill Australian CBM pip Russia and Qatar?
Coal bed methane (CBM) is a type of an unconventional gas which is created during the formation of coal and is trapped within a coal seam. CBM is generally more than 95% methane and is often marketed...
View ArticleRegional Upstream M&A Activity – US Surpasses 2010 levels, rest of world shrinks
United States with $78.6 billion or 48% of total global deal value, continued to be the top region for upstream M&A activity during 2011. The total deal value for the US was higher than $74.8...
View ArticleAlkane Energy farms out interest in two UK CBM blocks
Alkane Energy Plc has signed a partnership agreement with Aberdeen Drilling Management Ltd (ADM) to explore 2 of Alkane’s Petroleum Exploration and Development Licences (PEDL 191 and 90) with coal bed...
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