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Rex backs out of Oz farm in

Singapore's Rex International Holding is backing out of a farm-in deal for the WA-488-P permit off Western Australia just months after signing an agreement with operator MEO Australia.

Cancelled: Rex has backed out of a farm-in agreement that would have seen it take at least a 30% stake in a permit off north-west Australia
Cancelled: Rex has backed out of a farm-in agreement that would have seen it take at least a 30% stake in a permit off north-west Australia
Published 20 October 2015, 02:40Updated 17 October 2016, 12:41