July 15, 2008
QGC Announces Increased Offer for Roma Petroleum
Australia-based Queensland Gas Company has announced that it will increase its offer for Roma Petroleum, from A$0.10 cash and 0.0177 QGC shares, to A$0.11 cash and 0.0177 QGC shares for each Roma share.
Roma shareholders who have already accepted the Queensland Gas Company's (QGC) offer will be entitled to the increased consideration. QGC has also declared its offer free from defeating conditions.