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AUSTRALIA

Buru hands over interest to New Standard

NEW Standard Energy has taken a 100% controlling interest in the Laurel project in the Canning Basin from shareholder Buru Energy.

Bianca Bartucciotto

The 35% interest was transferred from Buru to New Standard Energy for nil consideration because Buru was focused on its own Canning Basin drilling program. EP417 is not a priority for Buru because of...

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