More Red Gully trouble

RED Gully has turned from an irritation to a millstone around Empire Oil and Gas’ neck, as a Deloitte duo have been appointed as receivers and managers of assets relating to the field over a $15 million working capital loan from Mineral Resources.

More Red Gully trouble More Red Gully trouble More Red Gully trouble More Red Gully trouble More Red Gully trouble

Red Gully.

Empire has been suspended from trading since August 30 pending an announcement about its sole production well Red Gully-1, and asked for an extension of its voluntary suspension yesterday as it

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