Oil Basins Limited (“OBL” or the “Company”; ASX codes “OBL” and “OBLOB”) is pleased to announce that the Federal Court in Perth today dismissed the native title party appeal of the 1 February 2013 arbitration determination of the National Native Title Tribunal. The Company now expects to be notified in due course of the intention of the Minister for Mines and Petroleum to issue petroleum exploration permit 5/07-8EP (Derby Block).
OXX Price at posting:
23.0¢ Sentiment: Buy Disclosure: Held
