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Buru farms out Ungani half share for A$64M

China-based company Fosun contributing $20M to four-well exploration program 

Helen Clark
Buru farms out Ungani half share for A$64M

BURU Energy is selling a half-share of two Ungani production licenses L20 and 21 to Roc Oil, owned by Hong Kong Stock Exchange-listed Fosun International, for a cash payment of $64 million.   It will...

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