Dart Energy Limited (ASX:DTE) (PINK:DEGEF) and Composite Energy Ltd have by mutual agreement extended the 31 January 2011 option exercise date to the end of February 2011, pending ongoing discussions between the companies in relation to the work program for 2011 and the potential for acceleration of the acquisition of 100% of Composite by Dart prior to June 2011.
Australian Market Report of January 28, 2011 includes: Liquefied Natural Gas Limited (ASX:LNG) form strategic partnership with China Huanqiu Contracting & Engineering Corporation; PT ANTAM (Persero) Tbk (ASX:ATM) acquire Sarolangun Coal Mine in Indonesia; Drake Resources Limited (ASX:DRK) reported high gold grades sampling from Mauritania; Horseshoe Metals Limited (ASX:HOR) announced highly encouraging results from Horseshoe Lights Cu-Au project in Western Australia.
Dart Energy Limited (ASX:DTE), Global coal bed methane (CBM) company, today announced that it had exercised its option to increase its equity stake in Fortune Liulin Gas Ltd (FLG) to 45%.
The takeover offer by Dart Energy Limited (ASX:DTE) for Apollo Gas Limited (ASX:AZO) has been declared unconditional.
Global coal bed methane (CBM) company Dart Energy Limited (ASX:DTE) today announced the signing of a CBM production sharing contract (PSC) in relation to the Muralim block (formerly known as the Kebur block) in South Sumatra, Indonesia.
Global coal bed methane company Dart Energy Limited (ASX:DTE) today announced the appointment of Robbert de Weijer to the role of Country Manager, Australia commencing in January 2011.
Following the Demerger of Dart Energy Limited (ASX:DTE) from Arrow Energy Limited (ASX:AOE) (PINK:ARWEF) and the subsequent establishment of Dart as an independent ASX-listed company, the Board has been seeking to build out the executive and management team of Dart.
