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Entek bags farm-out deal

ENTEK Energy has found an undisclosed partner for its Niobrara oil project in Wyoming and Colorado, with Entek getting a free carry on 3D seismic and the drilling of three new exploration wells.

James McGrath
Entek bags farm-out deal

Announcing the deal to the market this morning, Entek said it would retain a 20% stake in the project leases, with fellow Australian Securities Exchange-listed company Emerald Oil & Gas also divesting...

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