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AUSTRALIA

Court approves Cooper Basin merger

THE Federal Court has approved the merger between Cooper Basin players Beach Energy and Drillsearch Energy, a move that means Drillsearch's ticker is likely to go dark on the Australian Securities Exchange at the close of trade today.

Haydn Black
Court approves Cooper Basin merger

Shareholders overwhelming approved the all-scrip merger at a scheme meeting on January 27. "On behalf of the board, I'd like to thank Drillsearch shareholders for their support throughout the company's...

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