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Mitsui exit questioned

MACQUARIE Private Wealth has raised questions over why Mitsui sold its 35% stake of the AWE-operated Tui oil field and 12.5% stake of the associated Oi-1 exploration well for "merely" $US15 million.

Mitsui exit questioned

While it has maintained an outperform rating on AWE's stock, MPW raised several matters in its report on the Australia-listed explorer and producer this week. MPW said Mitsui's recent $15 million transaction...

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