Petroflow Energy Files Chapter 11
Posted by The Distressed Debt Report on August 23, 2010
Petroflow Energy Ltd., a Denver-based oil and gas production company, filed for Chapter 11 bankruptc…
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Arrow bows to $3.1 bln bid from Shell, Petrochina
Posted by Reuters: Business News on March 22, 2010
MELBOURNE (Reuters) – Australia’s Arrow Energy Ltd agreed to a fresh takeover offer from Royal Dutch Shell and PetroChina, raised by six percent to A$3.4 billion ($3.1 billion) for most of its Australian assets.
Arrow bows to $3.1 billion bid from Shell, Petrochina
Posted by Reuters: Business News on
MELBOURNE (Reuters) – Arrow Energy Ltd agreed to sell its Australian coal-seam gas assets to Royal Dutch Shell and PetroChina for a sweetened $3.1 billion, giving resource-hungry China its first bite of Australia’s burgeoning coal-seam gas industry.
