WEST Perth-based petroleum explorer ARC Energy Ltd’s plans to acquire the Wandoo Petroleum Pty Ltd Australian portfolio for $380 million have suffered a setback, with Canada-based Vermillion Oil & Gas exercising its pre-emptive rights to a major asset.
15/05/2007 - 22:00
ARC stymied on Wandoo proposal
15/05/2007 - 22:00
