AUSTRALIA

Rawson takes control with Otway acquisition

RAWSON Resources will increase its 37.5% holding in Otway Energy to 100% after entering into a $2 million share purchase agreement to acquire Hardie Energy's 62.5% interest.

Andrew Snelling

Otway's assets are of value to Rawson as it operates exploration permits PEL154 and PEL155 in the Otway Basin. The two permits are prospective for both conventional and unconventional exploration as...

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