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OPERATIONS

Roma Shelf keeps on giving for Armour

ARMOUR Energy, which has just been lobbed a $36.6 million hostile takeover bid by Chinese-owned WestSide Energy, has done its own "company transforming" deal to become a significant gas, LPG, condensate and oil producer on the Surat Basin's Roma Shelf, capitalising on its early relationship with Arrow Energy.

Anthony Barich

Armour announced this morning it had executed agreements to acquire petroleum resources, tenures, tenures, production and transportation infrastructure assets on the Roma Shelf from Origin Energy for $10...

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