PTTEP Mozambique bid

PTTEP starts bidding war for Cove Energy

Thailand’s leading oil company goes head-to-head with Shell for control of African oil assets, but recent resource deals in Mozambique should give investors pause for thought.
<div style="text-align: left;"> Mozambique: trouble in paradise? </div>
<div style="text-align: left;"> Mozambique: trouble in paradise? </div>
February 27, 2012

PTTEP has made an audacious bid to secure a foothold in the fast-growing African market by making a 220p a share offer for London-listed Cove Energy.

¬ Haymarket Media Limited. All rights reserved.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media