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AUSTRALIA

Empire puts price tag on Red Gully

EMPIRE Oil & Gas has told investors that construction of the Red Gully gas and condensate plant in the Perth Basin will cost $29.1 million.

James McGrath

The plant is largely being funded by EP 389 joint venture partner Alcoa, which under a gas sales agreement from the plant penned by the pair, is stumping up an initial $25 million for construction. Joint...

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