OIL

Bounty expands Cooper portfolio

DRILLSEARCH Energy has offloaded its interest in the Naccowlah Block of the Cooper Basin to Bounty Oil & Gas because it no longer fits the company's growth focus.

Bounty expands Cooper portfolio

The company sold its 2% interest in the block for $1.15 million comprising $950,000 in cash and $200,000 in Bounty fully paid shares. Bounty already has paid a non-refundable deposit of $105,000. The...

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