Sun aims to shine in Perth Basin

SUN Biomedical has become the latest biotech company to try its luck in the oil and gas industry with the acquisition of an interest in Empire Oil and Gas' prospective EP389 permit in the onshore Perth Basin.

Sun aims to shine in Perth Basin
Sun aims to shine in Perth Basin
Sun aims to shine in Perth Basin
Sun aims to shine in Perth Basin
Sun aims to shine in Perth Basin

The company will acquire an interest in the permit through the acquisition of unlisted exploration company Cottesloe Oil and Gas (COG) which has negotiated a farm-in for a 24.99% interest in EP 389.

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