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Wednesday, 19 November, 2008, 23:40 GMT | more >>

Beach set to wrap up Bass Strait deal



By Upstream staff 

Australia’s Beach Petroleum said today that the A$123 million (US$115 million) sale of their 10% stake in the Basker-Manta-Gummy joint venture in the Bass Strait to Japan’s Sojitz Corporation will be completed later this month.

Beach said that all conditions in relation to the sale, which was announced on 29 February, have been met.


Thursday, 10 April, 2008, 03:12 GMT  | last updated: Thursday, 10 April, 2008, 03:17 GMT

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