BP Targets Cove, African Gas Field Eyed - Report
22 January 2012 - 11:16PM
Dow Jones News
BP PLC (BP) has joined the race for oil explorer Cove Energy PLC
(COV.LN), a company that discovered an ample gas field just off the
coast of Mozambique, The Sunday Times reports.
Cove Energy was put on sale earlier this month, and this has
since led to a scramble by oil giants and state-owned Asian firms,
who are keen to secure new energy sources, the newspaper adds.
Neither BP or Cove Energy were available for immediate comment
Sunday.
Website: www.thesundaytimes.co.uk
-London bureau, Dow Jones Newswires; +44 (0)20 78 42 9330;
generaldesklondon@dowjones.com
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