EXPLORATION

AED preparing to spin drill bit after Brunei purchase approved

AED Oil has been given the all clear from PetroleumBrunei to progress its 100% acquisition of Nations Petroleum Company and its prospective assets in Brunei.

Marija Stojkovic

AED preparing to spin drill bit after Brunei purchase approved

The company said it received written approval from the state-owned petroleum company and expects to complete the acquisition in February. Under the binding sale and purchase agreement, AED will acquire...

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