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ARTICLE · 20 NOVEMBER 2013

Energy Sector Update: November 2013

Corrs Chambers Westgarth
Corrs Chambers Westgarth
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Corrs Chambers Westgarth

Corrs Chambers Westgarth

Corrs Chambers Westgarth is Australia’s leading independent law firm. We provide exceptional legal...

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This is a summary of recent announcements, completed deals, market rumours and opportunities, and regulatory updates.

AustraliaEnergy and Natural Resources
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Introduction

Welcome to the November 2013 edition of the Australian Energy Sector Update, a monthly publication prepared by Corrs Chambers Westgarth for clients and contacts who are interested in the Australian energy industry.

This publication brings together a brief summary of information on recently completed deals, market rumours and potential opportunities, and relevant regulatory updates

Recent announcements

On 6 October 2013, ASX-listed Linc Energy announced that, at its extraordinary general meeting held that day, it received shareholder approval to delist from the Australian Stock Exchange (ASX) and, subject to final regulatory approval, list on the Main Board of the Singapore Exchange (SGX). Linc Energy has stated it believes that listing on the SGX will reposition the company in the emerging oil and gas hub and broaden its investor base. Linc Energy has also foreshadowed that a share offering to new investors may complement the SGX listing. Despite

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