Senex Energy Archives | Be Korea-savvy

POSCO International Acquires Australian Gas Firm

SEOUL, Dec. 10 (Korea Bizwire) — POSCO International Corp., the trading arm of steel giant POSCO, said Friday it has acquired an Australian gas producer for 372 billion won (US$315 million). POSCO International took over a 50.1 percent stake in Senex Energy Ltd., with Australia’s local company Hancock Energy acquiring the remaining stake, the company [...]

POSCO Unit Confirms Takeover Talks with Australian Gas Producer Senex

SEOUL, Oct. 18 (Korea Bizwire) — POSCO International Corp. on Monday said it is in talks to take over Australian coal seam gas producer Senex Energy Ltd. Earlier in the day, Reuters reported the Australia company received a US$605 million takeover proposal from the South Korean company, the trading arm of the country’s top steelmaker, [...]