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Gold miner increases stake in Strike Oil

Last month's big offshore gas discovery in Victoria's Otway Basin has prompted gold miner Perilya...

Perilya, through its subsidiary company Kolmar, now holds 16,961,044 shares in Strike or 35.6%, up from 30%.

Strike Oil, in partnership with Santos, is drilling an appraisal well on the Casino find in a bid to firm up reserves in the field, the fourth big offshore gas discovery in the region in two years.

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