Sunday 4 January 2015

Australia: Buru Energy terminates EP 487 purchase agreement with Backreef Oil

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.



Buru Energy has advised that the agreement with Backreef Oil for the acquisition of a 50% interest in EP 487 has been terminated. Rey Resources has subsequently entered into an agreement to acquire the 50% interest.

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