AUSTRALIA

AWE, Transerv tipped in Perth Basin buy-out

SYDNEY-based oiler AWE has been tipped as a likely bidder for the remaining share of Perth Basin licences it shares with Origin Energy, including a half share of the emerging Waitsia discovery.

Bloomberg reported this morning that companies, including AWE and minnow Transerv Energy, are in the picture to snap up Origin's Perth Basin assets, which are on the market. The wire service reported...

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