Wednesday, 27 August 2014

Drillsearch Energy looks at more deals in outback Australia

SYDNEY (Bloomberg) -- Drillsearch Energy Ltd., BG Group Plc’s exploration partner in central Australia, will study further acquisitions in the outback region after its proposed purchase of Ambassador Oil & Gas Ltd. The company is looking at opportunities to add oil and gas acreage in the Cooper basin through its “Project Uber,” Brad Lingo, managing director of Sydney-based Drillsearch, said Aug. 27 in a phone interview. Its Ambassador offer in May follows an acquisition of Acer Energy Ltd. in 2012.


More »

No comments:

Post a Comment