The bid for Pure initially pitted BG against its larger rival Royal Dutch Shell, which is a joint venture partner of Arrow in developing coal bed methane in Australia and around the world. However, Shell undermined Arrows chances of winning Pure when it said last month that it would sell its 11 per cent stake to BG, in the absence of a higher offer.
Arrow Energy
BG Group wins control of Pure Energy
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Falling revenues likely to put Shell’s plan for share buyback in limbo and debt into orbit
Gordon Gray, an oil analyst for Collins Stewart, said that a big increase in Shell's debt was inevitable while share buybacks were completely off the agenda. He predicted that Shell's net debt would rise from $8 billion in 2008 to as much as $23.9 billion this year - from a gearing level of about 6 per cent of its equity to nearly 17 per cent. He projected that Shell's net debt could peak next year at more than $30 billion, depending on how long oil prices remained depressed.
BG Gains on Deal for Pure Energy
While Arrow didn't say what it plans to do with its 20.3% stake in the group, analysts expect the Australian firm -- which is backed by Royal Dutch Shell PLC -- to sell its stake into BG's offer. Arrow wasn't available for comment.
Arrow Energy Closes Offer for Pure, Wins 20.31% Stake
The offer closed March 13, leaving Arrow with a 20.31 percent interest in Pure, Brisbane-based Arrow said today in a filing to the Australian stock exchange. The company, Royal Dutch Shell Plcs Australian partner in gas extracted from coal seams, didnt say what its plans are for the stake.
BG Group wins Shell’s stake in battle for Pure
BG Group has moved a step closer to acquiring Pure Energy Resources, the Australian coal seam gas explorer, by winning approval for its A$1bn (US$640m) takeover offer from Royal Dutch Shell.
Arrow Rises on Speculation It Will Drop Bid for Pure
Arrow Energy Ltd., Royal Dutch Shell Plcs 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 Plcs rival offer.
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.
Shell to accept improved BG offer for Pure Energy
Royal Dutch Shell (RDSa.L) said it plans to accept BG Group's (BG.L) improved offer for its stake in Australian coal seam gas firm Pure Energy (PES.AX) in the absence of a higher bid, helping the British firm move closer to a takeover.
BG Raises Bid for Pure Energy
BG likely hopes the move is a winning step in its battle with Royal Dutch Shell PLC's Australian joint-venture partner, Arrow Energy Ltd., for the coal-seam gas producer.
BG Raises Leading Bid for Pure Energy
BG likely hopes the move is a knockout punch in its battle with Royal Dutch Shell's Australian joint venture partner, Arrow Energy Ltd., for the coal seam gas producer.
BG Group Raises Cash Takeover Offer for Pure Energy
BGs increased offer of A$8.25 a share is final in the absence of a higher bid, the Reading, U.K.-based company said today in a statement to the Australian stock exchange. The move further boosts BGs offer above a rival cash and stock bid by Arrow Energy Ltd., Royal Dutch Shell Plcs Australian partner in coal-seam gas.
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.
Arrow on target with strong first-half performance
The companys strong performance was underpinned by its transaction with Royal Dutch Shell which saw the oil giant pay $319 million during December 2008 as part payment for a 30 percent share of Arrows interests in all of its Australian upstream tenements.
Gas deal for Golar as Shell loses out
As revealed in The Australian in December, Golar has edged out energy giant Shell, which had been widely expected to take LNG produced from the plant after last year buying into Arrow Energy's CSG reserves.
Business big shot: Frank Chapman
Mr Chapman, 55, looks well placed to see off Shell, his old employer, to win Pure Energy Arrow Energy, Shells Australian partner, is the rival bidder for Pure, a producer of coal seam gas.
Pure trumps latest offer from Australias Arrow Energy and its partner, Royal Dutch Shell.
BG Group: The London-listed oil and gas group saw its A$995 million (£445.7 million) offer for Pure Energy, the Australian coal-seam gas producer, gain board support. The recommendation from Pure trumps the latest offer from Australias Arrow Energy and its partner, Royal Dutch Shell.
Australia’s Pure Energy favours BG offer over Shell
BG's offer beats rival one from Shell's Australian partner
BG Group potential bidding war with Royal Dutch Shell
The Times
February 18, 2009
Need to know
This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website,
johndonovan.website, and shellnews.net,
are owned by John Donovan. There is also a Wikipedia segment.
February 18, 2009
Need to know
Natural resources
BG Group: The London-listed oil and gas company, based in Berkshire, has raised its offer for Pure Energy, the Australian coal seam gas group, by 25 per cent to nearly £452.4 million, launching a potential bidding war with Royal Dutch Shell, its rival. BG has trumped an existing offer from Arrow Energy, Shells Australian partner. Pure has planned liquefied natural gas export projects in Queensland.
BG Raises Bid for Pure Energy
Shell has it own LNG plans, announcing last week that it is studying the feasibility of building a processing facility at Gladstone to be fed by Arrow's reserves.
BG Raises Bid for Pure, Topping Shell Partners Offer
Feb. 17 (Bloomberg) -- BG Group Plc raised its hostile bid for Pure Energy Resources Ltd., topping an offer by Royal Dutch Shell Plcs Australian partner in coal-seam gas, as BG seeks to add reserves for an export venture.
Shell ‘key’ to BG gas bid
Analysts yesterday said BG's cash bid of $6.40 for Pure, made on Monday, was a spoiling tactic to hamper a joint-venture between Shell and Arrow Energy.
BG Group bids for Australian gas company
Royal Dutch Shell last year joined forces yesterday with Arrow Energy to develop projects in Australia and international markets when it agreed to invest up to A$776m to buy 30 per cent of Arrows coal bed methane acreage in Queensland and 10 per cent of its international assets. Arrow is also a major shareholder in Pure Energy.
Shell’s last chance
BG Group has gatecrashed Arrow Energys rather cosy bid for fellow Queensland coal-seam gas play Pure Energy, threatening what had appeared a fait accompli and potentially creating a confrontation with Arrows 'big oil' ally, Shell.
Shell plans export gas plant at Gladstone
OIL major Shell, a minor player in Queensland's burgeoning liquid natural gas industry, plans to build an export plant at Gladstone.
LNG Buyers May Fail to Win Queensland Fuel Discount, Arrow Says
An LNG venture planned in Queensland between Perth-based Liquefied Natural Gas Ltd. and Arrow, Royal Dutch Shell Plcs partner in coal-seam gas in Australia, is set to be the first in the world to export fuel made from coal-seam gas. BG, Santos Ltd. and ConocoPhillips are among other companies planning similar, larger LNG projects in northeastern Australia. No sales contracts have been announced for the projects.
Shell Buys 10% Of Arrow’s Singapore Unit For US$66M
MELBOURNE (Dow Jones)--Arrow Energy Ltd. (AOE.AU) said Wednesday that Royal Dutch Shell PLC (RDSA) had bought a 10% stake in its Singapore unit, Arrow International Pte., for US$66 million as part of a previously announced deal.
Arrow launches $460 mln takeover bid for Pure Energy
The cash component of the offer will be funded via a combination of Arrow's existing cash reserves and proceeds from the firm's recent 30 percent sale of its Australian upstream interests to Royal Dutch Shell (RDSa.L).
Arrow Offers an 81% Premium for Pure Energy Resources
Dec. 22 (Bloomberg) -- Arrow Energy Ltd., Royal Dutch Shell Plcs partner in coal-seam gas in northeast Australia, offered to buy Pure Energy Resources Ltd. for A$673 million ($460 million) in cash and shares, an 81 percent premium to its stock price.
Arrow Energy Says Currency Rates Boost Returns From Shell Deal
The change in the exchange rates since the accord was reached has increased the value of an initial payment to be made by Shell by some A$130 million ($85 million) to about A$640 million, Brisbane-based Arrow Energy said today in a statement to the Australian stock exchange.
Arrow, Shell Seal a Venture
"Both Shell and Arrow will now work together to deliver the value from our vast Australian coal seam gas interests as well as move forward with our international opportunities," Arrow Chief Executive, Nick Davies said in a statement.
INTERVIEW-Arrow Energy says near LNG sale deal, Shell keen
LONDON, Sept 5 (Reuters) - The chief executive of Australia's Arrow Energy said a deal to sell its coal seam gas as liquefied natural gas was "a matter of weeks" away and Royal Dutch Shell Plc was among the potential buyers.
Royal Dutch Shell takes aim at Arrow’s LNG
OIL major Royal Dutch Shell is in talks with Gladstone coal seam methane export hopeful LNG Ltd to buy liquefied natural gas, according to the global giant's local partner.
Arrow says LNG plans could increase its revenue up to $1.7bn by 2013
The coal seam gas producer, which is partnered with Royal Dutch Shell in its plans to supply gas to an LNG plant at Gladstone in Queensland, posted revenue of $27.9 million in the fiscal year ending June 30, 2007.
Oil giants muscle in on Origin deal
Shell and BP have both approached Origin Energy about its coal seam gas assets, a move that could scupper BG Group's A$13.8bn (£6. 5bn) hostile bid for the Australian energy firm.
Energy Firms See a Bonanza in Australia
Malaysia's state-owned Petroliam Nasional, or Petronas, did a deal with Santos, while Royal Dutch Shellcompleted one with Arrow Energy.
Shell $776m deal may attract overseas investment
A $776 million investment in Queensland's coal seam gas reserves by Royal Dutch Shell is tipped to attract more international investment in the sector.
Shell CEO, like OPEC, sees no oil shortages now
Van der Veer, who is due to retire next year after almost four decades with the company, is in Malaysia to meet top Shell executives.
Shell to Spend $742 Million For Stake in Arrow Gas Assets
THE WALL STREET JOURNAL: MELBOURNE, Australia -- Royal Dutch Shell PLC said it will pay A$776 million (US$742 million) for a partial stake in key assets belonging to Arrow Energy Ltd., marking the latest deal in Australia's booming coal-bed-gas sector and giving the Brisbane firm marketing power.
Shell joins Arrow in Australian gas project
Royal Dutch Shell is the latest international energy group to expand into Australia's thriving coal bed methane industry, joining forces with Arrow Energy to develop projects in Australia and internationally.
Shell’s Arrow Energy Deal Is Enough For Now: CEO
KUALA LUMPUR (Reuters) - Royal Dutch Shell's deal to buy into Arrow Energy Ltd's coal seam gas projects for $739 million is enough of an investment for now, Chief Executive Jeroen van der Veer said on Monday.
Shell keen to tap into coal seam gas in Australia
It is odourless, invisible and buried deep within the earth, and everyone seems to want it. For the third time in a week, a major oil company struck a deal to secure rights to Australia's suddenly fashionable coal seam gas reserves.
Shell moves on Australia’s coal seam gas market in $700m deal
Royal Dutch Shell has signed a $700m (£356m) deal to buy a stake in Australia's Arrow Energy to jointly produce natural gas from coal deposits.
Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
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A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
