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JUNIOR EXPLORERS

More action in the Cooper

AMBASSADOR Oil and Gas has signed a heads of agreement to farm-out 70% of its interest in PEL 570 in the Cooper Basin to Outback Energy Hunter.

Bianca Bartucciotto

The agreement gives the companies an opportunity to negotiate a fully termed farm-out agreement under which Outback will pay all of the costs, including funding Ambassador's remaining 30%, up to a maximum...

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