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BG Group plc



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3Vote!

BG Profit Drops on Lower Demand Gas, Tunisia Delay

BG Group Plc, the U.K.’s third- largest natural-gas producer, posted a 44 percent drop in profit because of lower demand as production fell short of its expectations following a delay in Tunisia. Net income in the third quarter declined to 484 million pounds ($791 million) from 857 million pounds a year earlier, the Reading, England-based company said in a statement today. BG fell the most in...

4Vote!

EXCO Resources, Inc. Announces Closing of Its Joint Development Transactions with BG Group plc in East Texas/North Louisiana

DALLAS--(BUSINESS WIRE)--EXCO Resources, Inc. (NYSE:XCO) (“EXCO”) today announced that it has closed its transactions with BG Group plc (LSE:BG.L) (“BG Group”) for the joint development and

4Vote!

EXCO Resources, Inc. Announces Agreement with BG Group Regarding Midstream Assets

DALLAS--(BUSINESS WIRE)--EXCO Resources, Inc. (NYSE: XCO) announced today it reached a definitive agreement with BG Group plc (LSE: BG.L) (“BG Group”) for the joint development and operation of EXCO’s

4Vote!

EXCO Resources, Inc. Announces Agreement with BG Group for Joint Development of Its Haynesville Shale and Other Operations in East Texas/North Louisiana

DALLAS--(BUSINESS WIRE)--EXCO Resources, Inc. (NYSE:XCO) (“EXCO”) today announced that it has reached a definitive agreement with BG Group plc (LSE:BG.L) (“BG Group”) for the joint development

1Vote!

BG Expands Coal Seam Gas Exploration In Queensland

Bloomberg has a report on further coal seam gas exploration in Queensland - BG Expands Gas Drilling in Australia Through WestSide Venture . BG Group Plc, the U.K. natural gas company bidding for Australia’s Pure Energy Resources Ltd., is set to expand its search for reserves in Queensland state, with drilling due to start next month in a venture with WestSide Corp. An A$8 million ($5.4 million)...

1Vote!

Arrow Rises on Speculation It Will Drop Bid for Pure

Arrow Energy Ltd., Royal Dutch Shell Plc’s partner in coal-seam gas, gained the most in three weeks on speculation it will drop its bid for Pure Energy Resources Ltd. and follow Shell in accepting BG Group Plc’s rival offer.

1Vote!

Shell Gives Ground to BG in Battle for Pure Energy

SYDNEY -- BG Group PLC has moved closer to securing control of Pure Energy Resources Ltd. after Royal Dutch Shell PLC said it would sell its 11% stake in the coal seam gas producer into BG's 1.03 billion Australian dollar (US$651 million) offer.

1Vote!

Shell Intends to Accept BG’s Offer for Pure Energy

Royal Dutch Shell Plc said it intends to accept BG Group Plc’s takeover offer for its stake in Pure Energy Resources Ltd., taking BG closer to winning control of the Australian coal-seam gas explorer.

1Vote!

Britain's BG raises bid for Pure to A$8.25 per share

updated 01:22:00 Britains BG Group Plc raised its bid for Australian coal seam gas firm Pure Energy Ltd to A$8.25 a share, on Friday and declared its offer final. BG, which already owns 29 percent o read more .....

1Vote!

Australian Coal-Gas Sparks a Deal Boom

BG Group PLC, the British oil and gas company, and Royal Dutch Shell PLC's Australian partner Arrow Energy Ltd. are competing for Pure Energy Resources Ltd., an Australian player in coalbed methane.