CTP 3.77% 5.5¢ central petroleum limited

Santos, Hony Capital and Enn Group

  1. 309 Posts.
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    A very interesting development happening with Santos right now ,with Hony Capital selling their Santos holdings to Enn Group, the largest private natural gas company in China.

    I suggest every shareholder should read the announcement just released by Santos as this could possibly have a very positive
    effect on the future prospects of CTP as the Enn Group has a strategy to develop into a vertically integrated international natural gas company.

    Mr. Wang Yusuo,Chairman of the Enn Group said "The proposed acquisition is an exciting move for Enn. This introduction to the upstream sector takes us a step forward in our aim to generate value across the entire natural gas value chain,and allow us to learn and build experience. etc. etc.

    Good Luck Klaas D.Y.O.R
 
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