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AUSTRALIA

GB loses Cooper farm-outs

FOLLOWING its failed acquisition of the Worrior oil field, GB Energy has been told by Cooper Ener...

James McGrath

In March, GB agreed to acquire Cooper subsidiary Worrior, which holds a 30% stake in the Worrior oil field, 25% of PEL 90 and 30% of PEL 93, for $16 million in cash and $500,000 in GB Energy shares. ...

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