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PTTEP takes over an Australian explorer

PTT Exploration and Production (PTTEP), through its wholly owned Australian subsidiary, has today signed a conditional Share Sales Agreement to acquire a 100-per-cent equity interest in Coogee Resources Limited ("CRL").

CRL is a private company based in Western Australia and engages in investment in, and development of, oil and gas exploration and production assets in Australia.

The purchase price for the100-per-cent equity interest is approximately US$ 170 million in cash.

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PTTEP takes over an Australian explorer

PTT Exploration and Production (PTTEP), through its wholly owned Australian subsidiary, has today signed a conditional Share Sales Agreement to acquire a 100-per-cent equity interest in Coogee Resources Limited ("CRL").

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