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PTTEP considers options over Cove Energy

By BFN News | 02:02 PM | Tuesday 24 April, 2012

PTT Exploration & Production Public Co is considering its options over Cove Energy after Shell Exploration and Production confirmed its firm intention to make an offer. PTTEP says it will make a further announcement as and when appropriate. PTTEP says its announcement does not represent a firm intention to make an offer under Rule 2.7 of the Takeover Code and, there can be no certainty that any offer will ultimately be made. At 2:02pm: (LON:COV) share price was +9.38p at 226.38p Story provided by