Mitsui Heats Up Energy Acquisitions, Natuna/SCS Race

Shares of Australian Worldwide Exploration (AWE) Ltd, an oil and gas exploration and production company, surged more than 15% on ASX this morning following an offer from Japanese company Mitsui Co Ltd to acquire 100% shares. At the last quoted price, A$0.98 per share, AWE had market capitalization of A$614 million.

Read More