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Melrose places $83m in E&P budget

London-listed junior explorer Melrose Resources has said it plans to invest $83 million into its exploration and development activities in Europe and north Africa in the coming year.

Putting money down: Melrose Resources sinking $37 million into exploration activities in 2012
Putting money down: Melrose Resources sinking $37 million into exploration activities in 2012
Published 16 December 2011, 09:31Updated 11 October 2016, 07:51
EuropeMiddle EastNorth Africa