AUSTRALIA

Brave call pays off for Ambassador

A GUTSY bet by Ambassador Oil & Gas back in 2010 on the unconventional potential of the Cooper Basin is reaping rewards for shareholders.

Brave call pays off for Ambassador

The junior oil explorer this week became the target of a bidding duel between Drillsearch and Houston-based Magnum Hunter Resources. Magnum Hunter's decision this week to make it a contest for control...

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