"Joint venture partners in the L1 L2 are AWE and Beach Energy (ASX:BPT) who both own 50 per cent.
They are currently considering a $602 million offer from Mitsui and Co."
Not correct.
This reads as "They" being the companies who both own 50% of the Joint Venture in the L1 L2.
However Beach Energy is not currently considering any takeover offers!
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