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NORTH AMERICA

Red Emperor amends California agreement after setback

RED Emperor Resources has suffered a setback in California’s Sacramento gas basin, with partner Oil Ventures unable to reach commercial terms with mineral rights owners.

Berkay Erkan
Red Emperor amends California agreement after setback

The two companies have subsequently amended their heads of agreement from October 2017, which provided for Oil Ventures to acquire a number of strategic leases prospective for oil and gas.   Red Emperor...

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