AUSTRALIA

Beach, Cooper walk away from PRL2

BEACH Energy and Cooper Energy have elected to walk away from PRL2 in the Gippsland Basin, the centre of a fraccing debate in the state of Victoria.

Holder of the permit, Rinehart-backed Lakes Oil, told the market this morning of the news - with both Cooper and Beach's interests now reassigned to Lakes. It comes in the middle of a ban on hydraulic...

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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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