ASIA

BassOil clears key hurdle

BASS Strait Oil Company says Pertamina has approved the sale of the Tangai-Sukananti KSO interest by Cooper Energy, leaving its own shareholders as the only thing standing between it and its transformation into an oil producer.

BassOil clears key hurdle

Delays in obtaining approval from Pertamina had previously de-railed efforts by Cooper to sell its remaining asset in Indonesia, so this morning's approval was regarded as important.   With BassOil's...

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