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Oil Basins writes peace treaty

OIL Basins has offered up a circuit-breaker in its dispute with Backreef Oil, which would leave b...

James McGrath

The companies are in dispute over Backreef's decision to sell its 50% stake in 5/07-8 EP for $A3.5 million to Buru Energy, which Oil Basins did not consent to. Oil Basins alleges that Backreef, under...

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