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Curtis Island News

Arrow shares soar after Shell bid

Tuesday March 9, 2010
ROYAL Dutch Shell and PetroChina's $3.3 billion bid for Arrow Energy is unlikely to be blocked on foreign investment grounds or trumped by a superior offer, analysts say, as the Australian coal seam gas hopeful considers the indicative offer.

Shell on target with Arrow

Tuesday March 9, 2010
ROYAL Dutch Shell and PetroChina's $3.3 billion bid for Arrow Energy is unlikely to be blocked on foreign investment grounds or trumped by a superior offer, analysts have said, as the Australian coal seam gas hopeful considers the indicative offer.