Mogal bid
Owens Investments, Ltd, part of the Owens group, is bidding for 31 per cent of the listed freight group Mogal Corp, Ltd, that it does not already own. The offer is one Owens share plus 5c cash, or 200 c cash. Owens holds 69 per cent of Mogal. Matiri-1 The Matiri-1 well near Murchison was at a depth of 350 metres at 6 a.m. yesterday, Petrocorp reported. Drilling is continuing.
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Bibliographic details
Press, 13 November 1985, Page 49
Word Count
72Mogal bid Press, 13 November 1985, Page 49
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