BG Group potential bidding war with Royal Dutch Shell
Feb 18th, 2009
by John Donovan.
The Times
February 18, 2009
Need to know
BG Group: The London-listed oil and gas company, based in Berkshire, has raised its offer for Pure Energy, the Australian coal seam gas group, by 25 per cent to nearly £452.4 million, launching a potential bidding war with Royal Dutch Shell, its rival. BG has trumped an existing offer from Arrow Energy, Shells Australian partner. Pure has planned liquefied natural gas export projects in Queensland.
TIMES ARTICLE
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Posted in: Australia, Gas, Oil, Royal Dutch Shell Plc, Shell, The Times.
Tagged: Arrow Energy · BG Group · Shell
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