Arc Energy Ltd has significantly expanded its exploration base by acquiring major exploration areas in the on-shore Canning Basin in north west Western Australia.
ARC Energy Ltd 11-Aug-05 Mathews Capital Partners increased its relevant interest from 9,854,904 ordinary shares (5.06%) to 12,214,917 ordinary shares (6.21%).
22-Nov-04An agreement has been reached with Arc Energy Ltd which gives Arc the right to earn a 25% interest in exploration permit AC/P 32 by funding 37.5% of the upcoming Magnolia oil exploration well
22-Nov-04An agreement has been reached with Arc Energy Ltd which gives Arc the right to earn a 25% interest in exploration permit AC/P 32 by funding 37.5% of the upcoming Magnolia oil exploration well
WHILE much of the talk surrounding Tap Oil’s attempt to merge with Arc Energy centres on the companies’ potential future, merged or otherwise, some of the history behind the bid is just as interesting.