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Former biotech focusing on Ukraine oil and gas plays

UKRAINE-focused Hawkley Oil & Gas is set to start trading on the Australian Securities Exchange today following a reverse takeover of former biotechnology company Incitive and a successful $5.5 million capital raising.

Former biotech focusing on Ukraine oil and gas plays

The company is currently drilling the Sorochynska Well-201 which targets 13.2 billion cubic feet of proved and probable reserves in the B18b horizon. Progress has been slow due to a defective drilling...

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