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AUSTRALIA

Hydra, Hibiscus set to merge

PERTH-based marginal oil field concern Hydra Energy, developer of the Honeybee mobile offshore dr...

Haydn Black

Over the weekend the pair signed a deal which could see the Barclays Natural Resource Investments-backed Hydra become part of Hibiscus via the issue of new shares in Hibiscus. Hibiscus said the proposed...

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