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OIL

VicPet takes bigger slice of Western Margin oil project

VICTORIA Petroleum is set to enjoy a 284% cash boost from oil sales in the 2010 financial year af...

Marija Stojkovic

Under an asset swap agreement with Queensland Gas Company, VicPet will acquire 100% of Permian Oil and its 20% stake in PELs 104, 111 and PRL 15, which contain the Growler and Snatcher oil fields. In...

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