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Artist & Entertainment Group Ltd to acquire Centre Energy Petroleum Limited


Friday, 20 Dec 2013 12:58am EST 

Artist & Entertainment Group Ltd:Says is proposing to acquire a 100 pct of Centre Energy Petroleum Limited (CEP), following completion of CEP's acquisition of an interest in the Wailawi Oil and Gas Project.Says the acquisition of CEP for A$12.8 million through issue of shares, at the price of A$0.2 per share.Says the issue of a prospectus to raise AU $6 million to fund development and exploration and the change of the company name to Enhanced Oil and Gas Recovery Limited. 

Company Quote

0.013
-0.0010 -7.14%
10 Jul 2014