Armour Energy has officially completed an acquisition of Oilex’s Cooper-Eromanga Basin assets and its subsidiary, CoEra. Oilex agreed to sell all of its interests in the Cooper-Eromanaga Basin to Armour, including: a 79.33 per cent interest in two petroleum exploration licences (PEL112 and PEL444), with an option to acquire the remaining 20.67 per cent; and …
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