AusTex in cash hunt

Australia’s AusTex Oil plans to raise A$3.2 million (US$3.4 million) through a share placement to fund the development of its acreage in the US.

US exploration: AusTex will use the funds raised for the development of its leases in Oklahoma and Kansas

Josh Lewis

Published 20 February 2012, 03:41Updated 11 October 2016, 08:51

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