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EXPLORATION

Buru and Rey acquire further stake in Canning Basin

PERTH-based minnow Rey Resources and junior Buru Energy have acquired further interests in two permits in the Canning Basin, increasing their stakes in EP 457 and EP 458 from Diamond Resources.

paul hunt
Buru and Rey acquire further stake in Canning Basin

  Buru has increased its interest in the two permits from 37.5% to 60% for a total cash consideration of A$720,000. Rey has upped its interest from 25% to 40%, exercising its pre-emptive rights under...

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