Agreement reached to acquire Arrow Energy Limited

  • Agreement reached to acquire Arrow Energy Limited

    Agreement reached to acquire Arrow Energy Limited

    Monday, 22nd March 2010
    Shell Energy Holdings Australia Ltd. (Shell), a subsidiary of Royal Dutch Shell plc, and PetroChina International Investment Company Ltd (PetroChina), a subsidiary of PetroChina Company Limited, welcome the announcement by the Board of Arrow Energy Limited (Arrow) to unanimously recommend its shareholders vote in favour of the joint proposal to acquire 100% of Arrow shares.