Armour picks up swathes of Cooper Basin assets off Oilex

ARMOUR Energy has completed its CoEra share sale and purchase agreement with fellow ASX-listed Oilex, gaining a substantial footprint of exploration and production licences in the Cooper Basin.

Armour picks up swathes of Cooper Basin assets off Oilex Armour picks up swathes of Cooper Basin assets off Oilex Armour picks up swathes of Cooper Basin assets off Oilex Armour picks up swathes of Cooper Basin assets off Oilex Armour picks up swathes of Cooper Basin assets off Oilex

Armour holds acreage across Queensland, where it operates the Kincora Gas Plant, and the Northern Territory. 

Armour has paid for the assets in an all scrip deal of between 24.5 million to 34.