COOPER Basin operator Real Energy has raised A$5 million through a placement, issuing 47.6 million shares at 10.5c per share, to support ongoing field work and development of its Tamarama field within the Windorah gas project in permit ATP927.
Real said its placement was "very well supported" and settlement of the new shares is expected to take place on Friday March 8. Hartleys and Xcel Capital acted as joint lead managers on the...
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