Oil Basins will buy Albers Group's entire shareholding in Bass Strait of around 57.7 million shares for $250,000.
It will also issue about 38.
OIL Basins has increased its shareholding in Victorian explorer Bass Strait Oil in a strategic move aimed at shoring up its long-term interests.
Oil Basins will buy Albers Group's entire shareholding in Bass Strait of around 57.7 million shares for $250,000.
It will also issue about 38.