AUSTRALIA

Empire to wrap up COG farm-in

EMPIRE Oil and Gas expects to complete a comprehensive farm-out agreement with private company Cottesloe Oil and Gas for a stake in its EP 389 permit in the onshore Perth Basin by early next week.

Last month, Empire entered into an exclusive agreement with COG, which is in the process of being acquired by Sun Biomedical, under which COG would farm-in for a 24.99% interest in EP 389 by funding 50%...

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A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

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