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View Full Version : Hibiscus Petroleum ups stake in Australian oil exploration ops - The Star Online



RetromanIE
07-07-2014, 17:40
<table border="0" cellpadding="2" cellspacing="7" style="vertical-align:top;"><tr><td width="80" align="center" valign="top"><font style="font-size:85%;font-family:arial,sans-serif"></font></td><td valign="top" class="j"><font style="font-size:85%;font-family:arial,sans-serif"><br /><div style="padding-top:0.8em;"><img alt="" height="1" width="1" /></div><div class="lh"><a href="http://news.google.com/news/url?sa=t&fd=R&ct2=en_ie&usg=AFQjCNHHvug9mvY3gfzL7CxRA5R_0F4vzQ&clid=c3a7d30bb8a4878e06b80cf16b898331&ei=idu6U5jsA8q6iQbX0ICoAQ&url=http://www.thestar.com.my/Business/Business-News/2014/07/07/Hibiscus-Petroleum-ups-stake-in-Australian-oil-exploration-ops"><b>Hibiscus Petroleum ups stake in Australian oil exploration ops</b></a><br /><font size="-1"><b><font color="#6f6f6f">The Star Online</font></b></font><br /><font size="-1">It also has an option to raise its stake in the VIC/L31 production licence (VIC/L31 option) from 56.17% to 100% for US$14.05mil, based on a fair market value of <b>3DO&#39;s</b> 49.9% stake in the West Seahorse field. The corporate exercise would see Carnarvon&nbsp;...</font><br /><font size="-1" class="p"></font><br /><font class="p" size="-1"><a class="p" href="http://news.google.ie/news/more?ncl=d7fMCEVdJUMbo7M&authuser=0&ned=en_ie"><nobr><b></b></nobr></a></font></div></font></td></tr></table>

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