BPH Energy has closed 235% up today after reiterating it has headed to the Federal Court as it believes former prime minister Scott Morrison overreached when he cancelled the renewal of PEP11, its flagship asset off the coast of New South Wales.
Will PEP11 pop up again?
It said today Morrison "failed to afford procedural fairness in his decision not to grant an extension of term and a suspension and variation of the minimum work requirements under PEP11". The...
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