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Monday, 08 September, 2008, 17:50 GMT | more prices >>

Cooper snaps up Mosaic stake



By Upstream staff 

Oil and gas producer Cooper Energy said it had bought a 6.64% strategic stake in fellow Australian company Mosaic Oil.

Cooper said it had bought almost 32 million shares in Mosaic at an average price of A$0.16 (US$0.13) per share.

Mosaic has oil and gas E&P assets in Queensland, Western Australia and off Papua New Guinea.


Tuesday, 23 January, 2007, 23:52 GMT  | last updated: Tuesday, 23 January, 2007, 23:52 GMT

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