PTTEP sets preferential offering price at Bt142 per share

The Thai oil and gas company attracts strong interest for the pre-deal bookbuilding exercise, sending a positive signal to existing shareholders and pushing the share price higher ahead of its $3 billion share sale.

<div style="text-align: left;"> One of PTTEP's exploratory wells in Vietnam </div>

Anette Jönsson

December 03, 2012

PTT Exploration and Production (PTTEP), the state-backed oil and gas company that earlier this year won the bidding for London-listed Cove Energy, has set the price for its upcoming Bt92.3 billion ($3 billion) preferential public offering at Bt142 per share.

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