A Reuters Article entitled Australia primed for more M&A is worth a read.
Extract
- “Most of the sub-billion market cap companies with reasonable 2P resources and cash flow or near term cashflow would be attractive to private equity funds,” said Eddie Rigg, head of corporate finance at Argonaut, who advised a private Chinese firm that lost out in a three-way bidding war for gas producer AWE Ltd in February.
- Such companies include Senex Energy, Central Petroleum, Cooper Energy and Strike Energy.
https://www.reuters.com/article/us-...as-australia-primed-for-more-ma-idUSKBN1JK17C
Graphic from the article...
Regards OGP
News: CTP Central Petroleum Says Executed Gas Sales Agreement With Incitec Pivot, page-4
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