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    PTTEP defends Cove bid

    Business, Yuthana Praiwan, Published on 28/02/2012

    ยป PTT Exploration & Production Plc (PTTEP), a subsidiary of the national oil conglomerate PTT, defended its 1.12-billion (53.9 billion baht) bid to acquire Cove Energy, the UK-based petroleum exploration and production firm, saying Cove's assets are of international standard and the potential is high for discovering a large amount of gas.

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