NEW ZEALAND

L&M and CSG "sibling" unite

L&M Petroleum got what it wanted for Christmas – a conditional sale and purchase agreement to acquire all of the issued share capital in private company L&M Coal Seam Gas.

The junior explorer announced the agreement last Thursday afternoon before shutting up shop for Christmas. The company said the merged entity - to be rebranded as L&M Energy - would include L&M CSG's...

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A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.