Hess move dumps Heugh
ABIX - Wednesday, March 28, 2012
Hess move dumps Heugh
Mar 28, 2012 (The Australian - ABIX via COMTEX) -- Central Petroleum has attempted to sack founder and MD John Heugh. Heugh is challenging his termination in the Supreme Court of Western Australia. The explorer found oil in a well in the Northern Territory in early 2012. The group's board wants to bring in a larger company as a partner. It said that there had been considerable interest from several parties, with US oil company Hess Corporation one of those likely to be interested in the project.
Publication Date: 29 March 2012
CENTRAL PETROLEUM LIMITED - ASX CTP
HESS CORPORATION
SUPREME COURT OF WESTERN AUSTRALIA
CONOCOPHILLIPS
BG GROUP PLC
PATERSONS SECURITIES LIMITED
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