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Chinese state-owned China Energy Reserve & Chemical Group has made a $430-million (Aus.) takeover bid for Sydney’s AWE Ltd. AWE, which earlier this week announced the completion of a successful test evaluation of the Waitsia gas field in Western Australia, described the cash bid as “unsolicited, nonbinding, indicative, and conditional.”



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RT @energizeWV: Check out @InsideShale Tuesday at 8am to learn about EPA’s effort to overturn the Waters of the US Rule; the scope and scal…