EXPLORATION

Old disputes die hard for OBL

OIL BASINS Limited is chasing Backreef Oil for costs relating to a recent flora and fauna survey in its Derby Block EP 487 permit, as well as a farm-out agreement with Octanex, announced last year.

Old disputes die hard for OBL

The parties have been in correspondence, meeting on May 29, along with Buru Energy, to resolve the way forward on the future stakes in the permit. No resolution has yet been agreed upon to the satisfaction...

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