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EXPLORATION

Oilex goes all-in for Cooper-Eromanga exploration

JUST a week after announcing an initial acquisition of 48.5% of PEL112 and PEL444 in the Cooper-Eromanga basins in South Australia from Holloman Energy Corp, Oilex has bought out the remaining 51.5% interest the joint venture partners.

paul hunt
Oilex goes all-in for Cooper-Eromanga exploration

Oilex announced it was all-in for the two permits, and inked a share purchase agreement with Terra Nova Energy and Perseville Investing to acquire a 30.8% stake in the two permits for 9.1 million shares...

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