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AUSTRALIA

Hess cuts spread to Oz

HESS Australia has lost the right to earn interest in three Beetaloo permits in the Northern Terr...

Bianca Bartucciotto

Owner Falcon Oil & Gas said Hess did not meet the agreed deadline of June 28 and would forgo its right to earn a 62.5% interest in the permits. Hess was granted an earlier extension but a second request...

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