AUSTRALIA

Tap pre-empts Woodside in the Carnarvon

TAP Oil has exercised its right to pre-empt Roc Oil's sale of a 20% stake in WA-351-P in the Carn...

The company, which has entered into a trading halt, has not been formally advised whether BHP Billiton, which holds 55% of the permit, will exercise its right to pre-empt the sale. As a result, Tap said...

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