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IN BRIEF: Oilex Agrees To Sell Cooper-Eromanga Assets To Armour

15th Jun 2020 17:23

Oilex Ltd - Aberdeen-based oil and gas explorer - Strikes agreement with Armour Energy Ltd for sale of interest in Cooper-Eromanga basin, Australia. Armour will fund deal by issuing up to 34.5 million shares to Oilex over two tranches.

Current stock price: 0.12 pence

Year-to-date change: down 40%

By Eric Cunha; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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