AUSTRALIA

Oil Basins to take fight to Buru Energy

THE Australian Federal Court has given Oil Basins the right to extend the legal action the company brought against Arc Energy over the Blina Back Reef Play joint venture against Buru Energy.

Buru will hold all of Arc's Canning Basin assets including the Blina permits once it is spun-off from Arc. The Court added that Buru would be restricted in its defence to the legal action to those defences...

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