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Nexus refunds AED Longtom cash

Nexus Energy has refunded AED Oil a A$35 million (US$31.7 million) deposit after a farm-in deal for a 50% stake in Australia's offshore Longtom gas project was called off.

Nexus Energy pays up: deposit refunded to AED Oil after Longtom gas project farm-in was called off.
Nexus Energy pays up: deposit refunded to AED Oil after Longtom gas project farm-in was called off.
  • Tan Hwee Hwee
Published 5 November 2009, 01:57Updated 10 October 2016, 11:47
Asia & Oceania