Shell's joint venture bid with PetroChina for Arrow Energy		A$3.8bn
A company jointly owned by Royal Dutch Shell and PetroChina has entered into discussions for Arrow Energy
Firm	Client	Role
Allens Arthur Robinson Lead partners: Andrew Knox and Chelsey Drake	Royal Dutch Shell	Australian counsel
Mallesons Stephen Jaques Lead partner: John Humphrey	Arrow Energy	Australian counsel
Blake Dawson Lead partners: Justin Shmith, Paul Newman and Marie McDonald	PetroChina Company	Australian counsel

Australia’s emerging coal seam gas industry has attracted the attention of oil major Royal Dutch Shell, which will submit a joint A$3.8bn bid with PetroChina for Arrow Energy, the Brisbane-based international coal seam gas company.

This bid follows on from Shell’s acquisition of 30% of Arrow Energy’s resources, which included interests in coal seam gas tenements that provide potential gas supply for LNG production. Both Mallesons and AAR advised on the previous acquisition and the firms are again involved in guiding the parties through the bid, and potentially, the transaction.