Bond said in January he expected to reach an agreement
about mid-year to sell as much as half of the shale oil project
and that drilling may start by the end of the year. Linc is
seeking a partner to contribute as much as A$300 million to fund
the exploration, Bond said in March.
The drilling plans are taking priority over the
negotiations, Bond said today. Along with the shale services
company, Linc is in discussions with a second group comprising a
couple of overseas energy investment companies that are
potentially interested in acquiring a stake in the project, he
said, declining to comment further.
For Related News and Information:
Top Stories:TOP
--Editors: Keith Gosman, Indranil Ghosh
To contact the reporter on this story:
James Paton in Sydney at +61-2-9777-8698 or
[email protected]
- Forums
- ASX - By Stock
- LNC
- news coming ??
news coming ??, page-6
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LNC (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online