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EXPLORATION

AED firms up Brunei funds

AED Oil is raising up to $US20 million ($A19.66 million) to fund further exploration, well testin...

The funds will be raised through an issue of 4.75% convertible notes to US-based La Jolla Cove Investors and will be used to fund testing of the Lempuyang-1 and Lukut-1 wells in January 2011. The money...

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