Australia's Linc plans to shift listing to S'pore

IN A sign of Singapore's growing attractiveness as a listing venue for early-stage mineral, oil and gas (MOG) firms, Australian upstream oil and gas company Linc Energy yesterday revealed plans to move its listing from Australia to Singapore.

It also intends to offer shares to new investors together with the listing on the Singapore Exchange (SGX) mainboard.

Linc produces oil in the US, and owns undeveloped coal and shale resources in Australia. It also possesses unique underground coal gasification (UCG) technology.