EXPLORATION

Rey terminates farmout agreement with Doriemus

EXPLORATION minnow Rey Resources has canned its proposed farmout agreement with fellow junior Doriemus for the Derby Block project in EP487 in the Canning Basin.

Rey terminates farmout agreement with Doriemus

The permit is to the north of Buru Energy's Ungani field and stretches over 5,000sq.km. According to a statement this morning, Doriemus failed to have "sufficient funding" in place to drill the exploration...

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