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Arrow accepts revised $3.4B Shell-PetroChina bid

ARROW Energy has accepted Shell and PetroChina's increased bid of $4.70 cash per share, potential...

The new offer values Arrow at about 58c per gigajoule of proved, probable and possible coal seam gas reserves, well below the amount of $1.65 Petronas paid to Santos and 88c Origin received for its 3P...

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