Nido Petroleum has launched a $US108 million ($130 million) bid for Otto Energy’s share of the Galoc oil field, coming in ahead of a recent proposal by Risco Energy International.
Takeovers hot up in Asian oil market
12/12/2014 - 11:00
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Rank Company Revenue 57th Otto Energy $45.9m 67th Galena Mining $29.5m 68th Tombador Iron $25.9m 70th Sacgasco $19.1m 71st Ardiden $18.1m 604 listed resources wa companies ranked by revenue.
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