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Molopo sells Queensland assets

Australia-listed Molopo Energy is selling its Bowen basin coalbed methane assets in Queensland to a wholly-owned subsidiary of Chinese oil giant PetroChina.

Sold: Molopo Energy has agreed to sell its Queensland coalbed methane assets to PetroChina's subsidiary for $43 million
Sold: Molopo Energy has agreed to sell its Queensland coalbed methane assets to PetroChina's subsidiary for $43 million
Published 1 August 2012, 02:49Updated 1 August 2012, 06:17
Asia & Oceania