BG Group Plc
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BP, BG Group agree to exchange North Sea assets
www.datamonitor.com | Dec 4, 2008
BP and the BG Group have agreed to exchange a package of North Sea assets which is intended to strengthen BP's position in the southern North Sea and facilitate development activity and investment in the UK continental shelf.
Exchange of interests
www.theengineer.co.uk | Dec 3, 2008
The latest news from The Engineer Online - engineering info, engineering news, environmental engineering, aerospace news, defence news, engineering, mechanical engineering, medical news, jobs in engineering, engineering jobs, engineer jobs, british aerospace
http://www.theengineer.co.uk/Articles/Article.aspx?liArticleID=309219
BG Group Q3 revenue up 78% at GBP3.3B
www.marketwatch.com | Nov 4, 2008
BG Stock Quote, and financial news from the leading provider and award-winning MarketWatch.com.
BG Group to buy Australian firm
news.bbc.co.uk | Oct 28, 2008
British energy firm BG Group agrees to buy Australian gas producer Queensland Gas for 5.6bn Australian dollars ($3.4bn; £2.2bn).
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BG Group - a world leader in natural gas
Go to content BG Group BG Group BG Group BG Group BG Group BG Group worldwide Site Map Accessibility Go Search About BG Our Business Investor Relations Corporate Responsibility Media Centre Careers Contact Us Natural gas, the hydrocarbon fuel with the lowest carbon emissions, is increasingly
Microsoft Word - BGGroup_LW 221203.doc
www.sap.com
BG Group's deployment of SAP NetWeaver has demonstrated the ability to deliver the benefits of enterprise portal technology in a very rapid implementation against critical time constraints.
http://www.sap.com/usa/industries/oil-gas/pdf/Misc_IDC_Study_BG_Group.pdf
British Gas Demerger History - BG Group, Centrica, Transco, Lattice Group
Explanatory Notes: 1997 In February 1997 the shareholders of British Gas plc approved the demerger of Centrica plc. British Gas plc was renamed BG plc. 1999 In December 1999 BG plc completed a financial restructuring which resulted in the creation of a new parent company, BG Group plc 2000 On 23rd
300305_Rev_01_33.qxd
www.reed-elsevier.com
This document contains the Reed Elsevier Annual Review and Summary Financial Statements 2004 for the Reed Elsevier combined businesses and for Reed Elsevier PLC and Reed Elsevier NV.
News from Zibb.com
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BG Group plc: BG Group to proceed to compulsory acquisition of QGC - Zibb.com
Dec 05, 2008 (M2 PRESSWIRE via COMTEX) --
BG Group plc ("BG Group" - LSE: BG.L) today announced that on Monday 8 December its wholly-owned subsidiary BG International (AUS) Investments Pty Limited ("BG AUS") intends to commence the compulsory acquisition of the remaining shares in Queensland Gas Company Limited ("QGC" - ASX: QGC) which it does not already own. As at the end of trading on 4 December 2008, BG AUS had increased its stake in QGC to 96.62% of the issued share capital by way of the recommended on-market offer announced on 28 October 2008.
BG AUS intends to move to compulsory acquisition of the outstanding QGC shares it does not own by lodging a compulsory acquisition notice on Monday 8 December, five business days prior to the end of the offer period, which will close at 4.00pm (AEST) on Monday 15 December 2008.
BG AUS expects that the ASX will suspend trading in QGC shares at, or shortly after, the close of trading on Monday 15 December 2008 in accordance with the ASX Listing Rules. If QGC shareholders have not sold their QGC shares into the BG AUS offer by that time, they will no longer have the opportunity to sell those QGC shares to BG AUS and receive payment for them within three business days, and will not be able to sell their QGC shares on ASX.
Instead, remaining QGC shareholders will have their QGC shares compulsorily acquired by BG AUS in accordance with the statutory procedure. Shareholders will have to wait at least a month before receiving the proceeds from the compulsory acquisition of their shares.
If QGC shareholders have any questions in relation to the BG Group recommended takeover of QGC or the compulsory acquisition process, they can call the BG Group offer information line on 1300 656 831 (within Australia) or +61 2 8986 9358 (callers outside Australia).
Notes for Editors
About BG Group
BG Group plc (LSE: BG.L) is a world leader in natural gas, with a strategy focused on connecting competitively-priced resources to specific, high-value markets. Active in 27 countries on five continents, BG Group has a broad portfolio of exploration and production, Liquefied Natural Gas (LNG), transmission and distribution and power generation business interests. It combines a deep understanding of gas markets with a proven track record in finding and commercialising reserves.
About QGC
QGC is a leading and award-winning Australian integrated energy business with a strategy focused on developing its world-class coal seam gas reserves in the Surat Basin for domestic supply and power generation, and international supply. Founded in 2000 as a junior explorer, QGC now employs more than 240 staff who are developing projects including the 140 MW gas-fired Condamine Power Station and the Queensland Curtis LNG Project.
BG Group: There are matters discussed in this media information that are forward looking statements. Such statements are only predictions and actual events or results may differ materially. For a discussion of important factors which could cause actual results to differ from the forward looking statements, refer to BG Group plc's annual report and accounts for the year ended 31 December 2007. BG Group plc does not undertake any obligation to update publicly, or revise, forward looking statements, whether as a result of new information, future events or otherwise, except to the extent legally required.
QGC: No representation, express or implied, is made as to the fairness, accuracy, completeness or correctness of information contained in this presentation, including the accuracy, likelihood of achievement or reasonableness of any forecasts, prospects, returns or statements in relation to future matters contained in the presentation ("forward-looking statements"). No responsibility or liability is or will be accepted by QGC or any of its respective subsidiaries, affiliates and associated companies (or by any of its respective officers, employees or agents) in relation to it.
M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.
Tags: acquisition annual report australia business coal editors exploration forecasts gasoline market media natural gas queensland takeover track web
Companies: BG Group Plc (BRGYY)
BP, BG Group agree to exchange North Sea assets - Zibb.com
Dec 04, 2008 (Datamonitor via COMTEX) --
BP and the BG Group have agreed to exchange a package of North Sea assets which is intended to strengthen BP's position in the southern North Sea and facilitate development activity and investment in the UK continental shelf.
BP has agreed to acquire the BG Group's interests in a number of southern North Sea fields, the BP-operated Amethyst, Whittle and Wollaston fields and all of the BG Group's interests in the Easington Catchment Area (ECA) fields including Mercury, Neptune, Minerva, Apollo and Artemis.
The BG Group has agreed to acquire BP's interests in three central North Sea fields, the BP-operated Everest and Lomond fields, and the BG-operated Armada field. The BG Group has also agreed to acquire 32% of the Chevron-operated Erskine field from BP.
The respective equity interests have been agreed to be exchanged without any cash payment. Upon completion of the deal, around 90 BP offshore staff currently working on the Everest and Lomond installations will transfer to BG under the Transfer of Undertakings-Protection of Employment regulations.
There are no offshore employees involved in the assets transferring from the BG Group to BP as BP already operates the assets involved. A small number of onshore positions in BP are impacted by the asset transfer, but BP has agreed to redeploy locally within BP all of the individuals involved.
The deal is subject to government, regulatory and co-venturer approvals and completion is expected in the second quarter of 2009.
http://www.datamonitor.com
Republication or redistribution, including by framing or similar means, is expressly prohibited without prior written consent. Datamonitor shall not be liable for errors or delays in the content, or for any actions taken in reliance thereon
Tags: acquisition employment equity government investment regulations
Companies: BG Group Plc (BRGYY)
BG Group acquires in excess of 90% in QGC stock - Zibb.com
Nov 17, 2008 (Datamonitor via COMTEX) --
The BG Group has announced that its wholly owned subsidiary BG International AUS Investments, has acquired a relevant interest in more than 90% of the Queensland Gas Company, as part of its BG's unconditional on-market takeover bid for the Australian gas producer.
BG International AUS Investments (BG AUS) intends to acquire the remaining Queensland Gas Company (QGC) shares, but does not intend to commence the compulsory acquisition process until later in the offer period, which will expire on December 15, 2008, unless extended.
Trading will be suspended in QGC shares five business days after a compulsory acquisition notice is sent by BG AUS.
This will mean that, if QGC shareholders have not sold their shares into the bid by that time, BG AUS would not be able to purchase further shares on the market under the bid and pay for those shares within three business days.
http://www.datamonitor.com
Republication or redistribution, including by framing or similar means, is expressly prohibited without prior written consent. Datamonitor shall not be liable for errors or delays in the content, or for any actions taken in reliance thereon
Tags: acquisition business gasoline market takeover
Companies: BG Group Plc (BRGYY), Queensland Gas Co Ltd (QGSCF)
BG Group: BG Group acquires relevant interest in more than 90 per cent of Queensland Gas Company -
Nov 17, 2008 (M2 PRESSWIRE via COMTEX) --
BG Group plc ("BG Group" - LSE:BG.L) announces that its wholly-owned subsidiary BG International (AUS) Investments Pty Limited ("BG AUS") has at the close of trading on the Australian Securities Exchange on Friday, 14 November acquired a relevant interest in more than 90 per cent of Queensland Gas Company Limited ("QGC" - ASX:QGC), under its unconditional on-market takeover bid for QGC.
BG AUS intends to compulsorily acquire the remaining QGC shares, but does not intend to commence the compulsory acquisition process until later in the offer period, which will expire on 15 December 2008, unless extended.
QGC shareholders should be aware that trading will be suspended in QGC shares five business days after a compulsory acquisition notice is sent by BG AUS.
This will mean that, if shareholders have not sold their shares into the bid by that time, BG AUS would not be able to purchase further shares on market under the bid and pay for those shares within three business days.
Instead, remaining shareholders would have to wait at least one month to be paid under the compulsory acquisition process.
How to Accept
J.P. Morgan Securities Australia Limited (together with its affiliates, "J.P Morgan") has been appointed as the on-market broker to acquire QGC shares on ASX on behalf of BG Group's wholly-owned Australian subsidiary, BG International (AUS) Investments Pty Limited ("BG Australia").
QGC shareholders can only accept BG Group's cash offer by selling their QGC shares on-market on ASX through a stockbroker. QGC shareholders who hold their shares in Issuer Sponsored Holdings will need to appoint a broker to sell their shares on ASX. QGC has appointed Austock Securities Limited and ABN AMRO Morgans Limited to provide broking services to QGC shareholders who do not have a stockbroker.
In line with usual ASX practice, QGC shareholders will receive the proceeds of the sale of their shares on a T+3 basis, i.e. within three trading days after their sale. QGC shareholders can contact BG Group's offer information line on +61 2 89869358 (callers outside Australia) or 1300 656 831 (callers within Australia, toll free) or should consult their financial or other professional adviser.
Notes to Editors:
BG Group plc (LSE: BG.L) is a world leader in natural gas, with a strategy focused on connecting competitively-priced resources to specific, high-value markets. Active in 27 countries on five continents, BG Group has a broad portfolio of exploration and production, Liquefied Natural Gas (LNG), transmission and distribution and power generation business interests. It combines a deep understanding of gas markets with a proven track record in finding and commercialising reserves.
CONTACT: Rob Millhouse, BG Group, Australia Tel: +61 (0) 419 588 166 John Hurst, BG Group, Cannings Tel: +61 (0) 282 849 901 Jo Thethi, Communications, BG Group, UK Tel: +44 (0)118 929 3110 Tel: +44 (0)791 718 5707 Out of hours Investor Relations Tel: +44 (0)118 929 3025 Hedley Thomas, QGC, Corporate Communications Tel: +61 (0) 417 797 419 Out of hours WWW: http://www.bg-group.com
M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.
Tags: acquisition australia broker business communications corporate editors exploration gasoline market natural gas securities takeover track web
Companies: BG Group Plc (BRGYY), Queensland Gas Co Ltd (QGSCF)
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