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Pine Mill sale trumped

LONDON-listed, Perth-based oiler Mosman Oil & Gas has suffered a setback in its attempts to buy the Pine Mills oil field in Texas after its would-be joint venture partner pre-empted the sale and on-sold the field.

Haydn Black
Pine Mill sale trumped

Mosman announced last month that it planned to buy an 80% interest in the field from fellow Australian Cue Energy Resources, a deal which included 12 acres of freehold land and a workover rig.   Mosman...

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