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AUSTRALIA

Somerton rattles tin for unconventional plays

SOMERTON Energy is looking to raise $13.8 million to take advantage of opportunities in unconventional oil and gas throughout Australia and abroad.

Marija Stojkovic
Somerton rattles tin for unconventional plays

The funds will be raised through a placement and partially underwritten two for one renounceable rights issue. The company will place 5.7 million shares at 13c per share to sophisticated and professional...

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