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Petroleum Briefs

IN today's briefs: Adelaide eyes $6.8 million rights issue; Metgasco reboots drilling

James McGrath
Petroleum Briefs

Adelaide Energy is hoping to raise $6.8 million to carry out tests on its PEL 255 and PRL 1 wells. The capital raising will take the form of a one for two non-renounceable pro-rata rights issue at 6c...

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