Nedlands-based wood pellet manufacturer Plantation Energy has deferred its initial public offering ahead of construction of its Albany wood pellet facility, opting instead to raise up to $24 million through private equity.
North Perth-based development fund MEC Resources Ltd will establish a joint venture company with well-bore technical services firm China National Logging Corporation, to provide production and exploration services to MEC investee Advent Energy Ltd.
West Perth-based Jupiter Energy Ltd will pay Zher Munai & K LLP around $6.7 million and issue shares worth a further $2.3 million for sub surface rights on an oil permit in the Mangistau Basin in South West Kazakhstan.
West Perth-based energy company Wasabi Energy Ltd has taken a 20 per cent stake in Melbourne-based evaporative water loss-prevention company Aqua Guardian Group Ltd for $500,000, ahead of its planned listing on the Australian Securities Exchange.
Perth-based CityView Corporation Ltd has acquired the right to purchase 100 per cent of Petro Energy Africa Ltd, a move that would give it operational control of the North Matanda oil project in Cameroon.
Commercial property investor Hossean Pourzand may break some sales records before the year is out, with the Clough building at 251 St Georges Terrace expected to generate strong interest from investors and developers.