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Stake Purchase • Oil/Gas Exploration

Macarthur Coal and CITIC Resources Holdings Invest In Codrilla Deposit

On January 4, 2011, Macarthur Coal and CITIC Resources Holdings invested in oil/gas exploration company Codrilla Deposit

Investment Context
  • This is Macarthur Coal’s 1st and CITIC Resources Holdings’ 1st transaction in the Oil/Gas Exploration sector.
  • This is Macarthur Coal’s 1st and CITIC Resources Holdings’ 1st transaction in Australia.

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Investment Summary
Date January 4, 2011
Target Codrilla Deposit
Sector Oil/Gas Exploration
Investor(s) Macarthur Coal
CITIC Resources Holdings
Deal Type Stake Purchase

Target Company

Codrilla Deposit

Queensland, Australia
Codrilla Deposit a coal mine with Approximately 150 km southwest of Dalrymple Bay Port in Queensland, Australia with Approximately 50 million tons of reserves, produce Approx. 3.2 million tons/year.
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Investors Overview 2

Investor

Macarthur Coal

South Brisbane, Australia
Category Company
Founded 2001
Sector Metals/Mining
DESCRIPTION

Macarthur Coal Ltd.in two open-cut coal mines including the Coppabella Mine and the Moorvale Mine - plans to develop up to five new mines from its project pipeline by 2010, prioritising the development of higher value coking coal deposits

Deal Context for Investor #
Overall 1 of 1
Sector: Oil/Gas Exploration 1 of 1
Type: Stake Purchase 1 of 1
Country: Australia 1 of 1
Year: 2011 1 of 1
Investor

CITIC Resources Holdings

Hong Kong, China
Category Company
Founded 1997
Sector Oil/Gas Exploration
Employees189
Revenue 9.5B HKD (2024)
DESCRIPTION

CITIC Resources Holdings is a integrated provider of strategic natural resources and key commodities with particular focus on the oil and coal businesses. CITIC Resources Holdings was founded in 1997 and is based in Hong Kong, China.

Deal Context for Investor #
Overall 1 of 1
Sector: Oil/Gas Exploration 1 of 1
Type: Stake Purchase 1 of 1
Country: Australia 1 of 1
Year: 2011 1 of 1

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