MARKETS

Australian small cap explorers to merge

Assets spread across onshore Botswana and Australia

ASX-listed small caps Strata-X and Real Energy will merge in to consolidate acreage and become a larger player in the Australian oil and gas patch.

The pair first made a tentative move to unity last year via joint ownership of the Project Venus CSG permit in Queensland's Surat Basin. Real Energy holds a series of assets across the Surat Basin and...

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A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.