NEWS ARCHIVE

Austex flags reserves downgrade

AUSTEX Oil is expecting a "material adverse impact" to its reserves estimates when it releases its 2014 annual report, expected sometime in the next two weeks.

Andrew Snelling

The Sydney-based, dual ASX and TSXV listed company said it is still in the process of input and consultation with its independent third party reserve engineer, however, the junior said it would be using...

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