BEACH Energy has spun off the Innamincka dome oil and gas project to Red Sky Energy which comprises a 100% interest in five petroleum resource licenses and a 75% interest in one more in the Cooper Basin, South Australia.
Red Sky's dawn breaks over the Cooper
Red Sky attributes the opportunity to the current round of M&A across the energy sector. The leases were all associated with Innamincka Petroleum, which once described Flax as being potentially...
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