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Armour to acquire Oilex assets in Cooper-Eromanga Basin

Natural gas

Armour Energy has secured an agreement to acquire all of Oilex’s oil and gas interests in the Cooper-Eromanga Basin. The binding term sheet for the deal is subject to due diligence and the companies entering into a share sale agreement for the acquisition of all issued capital in Oilex’s wholly owned subsidiary, CoEra. CoEra’s assets …

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