Petroleum Briefs

IN today's briefs: Oil Basin cashed up for Canning work; HDR re-elected to International Geothermal Association; Marion begins recapitalisation; QGC continues Walloon CSG drilling;

Oil Basins

Oil Basins is set to raise more than $5.2 million to provide funds to drill the Backreef-1 well and explore the coal seam gas and shale gas potential of the Canning Basin.