The Irish Times – Wednesday, May 16, 2012
BARRY O’HALLORAN and CIARA O’BRIEN
EXPLORATION GROUP Cove Energy yesterday reported a new gas find off Mozambique, raising speculation that a new bidder could attempt to trump an existing $1.8 billion offer from Shell for the company.
Cove said Anadarko, its partner in the Rovuma licence off the east African country, had between seven trillion and 20 trillion cubic feet of recoverable gas in the Golfinho exploration well where one of its partners had been drilling.