EXPLORATION

AED buying more Nations assets

AED Oil is buying more assets from Nations Petroleum Company, signing an agreement to acquire two holding interests in Indonesian oil and gas acreage.

AED buying more Nations assets

Under the agreement, AED will pay a total of $US1.5 million ($A1.7 million) in cash and issue 12 million AED shares for a 100% stake in the Rombebai contract area and a 60% interest in the South Madura...

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