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Apex aquies a 100% interest in PEL454
By Chris Rogers
August 25, 2010

Apex Energy NL has aquired a 100% interest in PEL454. It previoulsy had a 70% stake in PEL454 along with its subsidiary Sydney Basin Coalbed Methane Pty Ltd. It has purchased the remaining 30% from Australian Coalbed Methane Pty Ltd. All Apex gas tenures are now controlled as follows:

Apex Energy NL - 80%

Sydney Basin Coalbed Methane Pty Ltd - 20%

 
 
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