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Posts Tagged ‘Pure Energy’

BG succeeds in bid for Pure Energy

Rumours have recently been circulating in Australia that either BG or Shell might make a bid for Santos, another company with interests in Queensland’s coal bed methane with a market capitalisation of about A$10bn.

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

BG wins control of Australia’s Pure in gas push

The bid for Pure initially pitted BG against its larger rival, Royal Dutch Shell, which already has a joint venture with Arrow developing coal bed methane in Australia and elsewhere. However, Shell undermined Arrow's chances of winning Pure when it said last month that, in the absence of a higher offer, it would sell its own 11 per cent stake to BG.

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

BG Group Has Majority Control of Pure Energy

Rival bidder Arrow Energy, which is Royal Dutch Shell's Australian joint-venture partner, holds about 20% of Pure and hasn't said whether it will sell its stake into BG's bid.

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

BG takes majority control of Pure Energy

Rival bidder Arrow Energy, which is Royal Dutch Shell's Australian joint venture partner, holds about 20pc of Pure and hasn't said whether it will sell its stake into BG's bid.

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

BG Group wins control of Pure Energy

The bid for Pure initially pitted BG against its larger rival Royal Dutch Shell, which is a joint venture partner of Arrow in developing coal bed methane in Australia and around the world. However, Shell undermined Arrow’s chances of winning Pure when it said last month that it would sell its 11 per cent stake to BG, in the absence of a higher offer.

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Falling revenues likely to put Shell’s plan for share buyback in limbo and debt into orbit

Gordon Gray, an oil analyst for Collins Stewart, said that a big increase in Shell's debt was inevitable while share buybacks were “completely off the agenda”. He predicted that Shell's net debt would rise from $8 billion in 2008 to as much as $23.9 billion this year - from a gearing level of about 6 per cent of its equity to nearly 17 per cent. He projected that Shell's net debt could peak next year at more than $30 billion, depending on how long oil prices remained depressed.

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

BG Gains on Deal for Pure Energy

While Arrow didn't say what it plans to do with its 20.3% stake in the group, analysts expect the Australian firm -- which is backed by Royal Dutch Shell PLC -- to sell its stake into BG's offer. Arrow wasn't available for comment.

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Arrow Energy Closes Offer for Pure, Wins 20.31% Stake

The offer closed March 13, leaving Arrow with a 20.31 percent interest in Pure, Brisbane-based Arrow said today in a filing to the Australian stock exchange. The company, Royal Dutch Shell Plc’s Australian partner in gas extracted from coal seams, didn’t say what its plans are for the stake.

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

BG Group wins Shell’s stake in battle for Pure

BG Group has moved a step closer to acquiring Pure Energy Resources, the Australian coal seam gas explorer, by winning approval for its A$1bn (US$640m) takeover offer from Royal Dutch Shell.

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Arrow Rises on Speculation It Will Drop Bid for Pure

Arrow Energy Ltd., Royal Dutch Shell Plc’s partner in coal-seam gas, gained the most in three weeks on speculation it will drop its bid for Pure Energy Resources Ltd. and follow Shell in accepting BG Group Plc’s rival offer.

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell Gives Ground to BG in Battle for Pure Energy

SYDNEY -- BG Group PLC has moved closer to securing control of Pure Energy Resources Ltd. after Royal Dutch Shell PLC said it would sell its 11% stake in the coal seam gas producer into BG's 1.03 billion Australian dollar (US$651 million) offer.

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell to accept improved BG offer for Pure Energy

Royal Dutch Shell (RDSa.L) said it plans to accept BG Group's (BG.L) improved offer for its stake in Australian coal seam gas firm Pure Energy (PES.AX) in the absence of a higher bid, helping the British firm move closer to a takeover.

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell Intends to Accept BG’s Offer for Pure Energy

Royal Dutch Shell Plc said it intends to accept BG Group Plc’s takeover offer for its stake in Pure Energy Resources Ltd., taking BG closer to winning control of the Australian coal-seam gas explorer.

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Business big shot: Frank Chapman

Mr Chapman, 55, looks well placed to see off Shell, his old employer, to win Pure Energy — Arrow Energy, Shell’s Australian partner, is the rival bidder for Pure, a producer of coal seam gas.

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Pure trumps latest offer from Australia’s Arrow Energy and its partner, Royal Dutch Shell.

BG Group: The London-listed oil and gas group saw its A$995 million (£445.7 million) offer for Pure Energy, the Australian coal-seam gas producer, gain board support. The recommendation from Pure trumps the latest offer from Australia’s Arrow Energy and its partner, Royal Dutch Shell.

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Australia’s Pure Energy favours BG offer over Shell

BG's offer beats rival one from Shell's Australian partner

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.
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