MARKETS

Origin Canning farmout by end of quarter

IT was a busy quarter for the Canning Basin focussed Rey Resources after it and joint venture partner Buru Energy signed a farmout agreement with Origin Energy for 20% of their respective interests to the larger company. 

Origin Canning farmout by end of quarter

Under the agreement Origin will fund work programs including 2D seismic work across two permits valued at $3 million. The formal farmin agreement for the Fitzroy Blocks EP457 and EP 458 will be completed...

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