Australian CBM Specialist Dart Energy Eyes Listing in Singapore

摘要

Australia-listed Dart Energy is planning a listing on the Singapore stock exchange in an attempt to gain fair valuation for its portfolio of international coalbed methane (CBM) assets. The firm said on Thursday that it has decided to undertake a substantial restructuring following a strategic review. It will launch an international listing of a minority interest in all its projects outside Australia, which will be injected into an entity called Dart Energy International. It is also mulling tie-ups with strategic partners at an asset or corporate level for its Australian portfolio, and says it has received expressions of interest from multiple parties.