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FIRB green light for Stuart acreage sale

STUART Petroleum's sale of its 50% stake in AC/P33 in the Timor Sea to PTTEP Australasia has been...

The company said it would receive about $A10 million at settlement, leaving it with about $3 million in cash. "Stuart has done well to take a position in the Timor Sea and to use its technical capabilities...

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