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AJL AJ Lucas Group Limited

0.011
0.00 (0.00%)
Last Updated: 01:00:06
Delayed by 20 minutes
Share Name Share Symbol Market Type
AJ Lucas Group Limited ASX:AJL Australian Stock Exchange Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.011 0.011 0.012 0.011 0.011 0.011 500,000 01:00:06

AJ Lucas Group Sells Coal Seam Gas Asset For A$98.5 Million

17/12/2009 7:29am

Dow Jones News


AJ Lucas (ASX:AJL)
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AJ Lucas Group Ltd. (AJL.AU) said Thursday it has sold its 15% interest in a coal seam gas permit in Queensland state to Japan's Toyota Tshusho Corp. (8015.TO) for A$98.5 million.

The permit, ATP651, is located in the Surat Basin and operated by BG Group PLC (BG.LN).

The transaction is subject to regulatory approval and is expected to occur in early 2010, AJ Lucas said.

-By Ross Kelly, Dow Jones Newswires; 61-2-8235-2957; ross.kelly@dowjones.com

 
 

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