GAS

AWE ups interest, Innamincka enters BassGas project

AUSTRALIAN Worldwide Exploration is set to take a larger stake in the BassGas project after CalEnergy agreed to sell its 15% equity interest in the producing asset for a total consideration of $80 million.

AWE ups interest, Innamincka enters BassGas project

In a separate agreement, AWE and Innamincka Petroleum have agreed to an arrangement that will see Innamincka acquire half of CalEnergy's 15% stake for $40 million. The transactions will not be complete...

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