The movement in the last couple of days has probably a lot to do with Hess buying into the Canning. The pld Kingsway tenements are close to the KEY leases.
US independent oil company Hess Corporation has bought Clive Palmer’s Kingsway Oil, expanding its onshore exploration efforts in Australia to Western Australia’s Canning Basin.
Link Provided: www.afr.com/p/business/companies/hess_snaps_up_pal...
The movement in the last couple of days has probably a lot to do...
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