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Buru offloads portion of Fitzroy blocks

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PERTH (miningweekly.com) – Oil and gas explorer Buru Energy has agreed to sell of an interest in two of its exploration permits in the Fitzroy blocks, in the Canning Basin to Mitsubishi Corporation and Rey Resources for A$21-million. Buru currently holds a 90% interest in the Fitzroy blocks, with Rey holding a 10% carried interest. Following the conclusion of the transaction, Buru ...

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