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Mosaic acquires Churchie Field from Santos April 6, 2009

Posted by Fortbridge in Energy.
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Australian Oil and Gas producer, Mosaic Oil N.L. (ASX: MOS) has today signed an agreement with Santos Ltd (ASX: STO) to acquire Santos’ interest in several production licences with the associated pipeline licences, production facilities, gas sales contracts and exploration permits in the southern Surat-Bowen Basin. The agreement has an effective date of 1 January 2009.

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