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AUSTRALIA

New Standard's near-death experience

JUST 18 months after announcing a transformational deal to refocus wildcat Canning Basin explorer New Standard Energy into lower risk projects in Texas and in the Cooper Basin, the junior has announced it has sold out for a song to Sundance Energy.

Haydn Black

New Standard will sell its interests in PEL 570 (17.5%) in South Australia, the Atascosa EFS (100% working interest) and the Colorado conventional (32.5% WI) projects in Texas to ASX-listed North American...

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