VOL. XLVI

No 9

3-March-2003

ENERGY FINANCE

ANZ Appointed Financial Advisor For Hardmans 21.6% Stake In Mauritanias Chinguetti Field

ANZ Investment Bank has been appointed by Australias Hardman Resources as the financial advisor to put together a loan to develop Mauritanias Chinguetti Field in which Hardman has a 21.6% stake. Hardman needs to raise $90mn for its share in the project, for which the total initial development cost is $420mn according to preliminary estimates, MEES understands. The...