Chelsea Oil and Gas Ltd. (fka COGLF)

[JefftDecker]

still a chance something goes here down the line....

just general news from todays oil & energy insider edition.

Deals, Mergers & Acquisitions

• Australian Santos Energy may buy sector player Quadrant, which is estimated to be worth around $3 billion. Quadrant Energy is majority-owned by Macquarie Capital and Brookfield and has hired Goldman Sachs to find a buyer. Santos is tipped to be a good suitor as shareholders have been pressuring the company to secure its future growth. While Santos may be wary of major deals, some market sources argue that it couldn’t go wrong with Quadrant – the company is the largest gas producer in Western Australia.