EMG enters Australian shale

US private equity giant The Energy & Minerals Group (EMG) has picked up an 18% stake in three permits in Australia's Northern Territory from privately held shale player Pangaea Resources.

Australian outback: EMG has picked up an 18% stake in three permits in the Northern Territory
Australian outback: EMG has picked up an 18% stake in three permits in the Northern Territory
Published 14 August 2015, 05:54Updated 14 August 2015, 06:14