On the 30th of September 2013 fieldwood energy a New York private equity fund purchased 50 percent of apache energy's Gulf of Mexico exploration blocks of which they hold many blocks around south marsh and Eugene Islands for 3.75 billion us cash(4 billion Australian).Apache is keeping the other 50 percent .Byron energy is valued at just over 100 million on the asx ,the stock has been tightening and it looks like it is about to breakout to the upside.
BYE Price at posting:
83.5¢ Sentiment: ST Buy Disclosure: Held
