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Linc Energy Ltd - Less conducive environment
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Publish date: Fri, 17 Apr 2015, 05:28 PM
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Linc started three well exploration campaigns in Arckaringa, but stopped the exploration for the third well, following insignificant hydrocarbon shows in the second well. The data from the campaign was to augment information for a farm-in, but interest for un-conventionals in Australia is waning, with Chevron's exit from its Beach Energy deal in the Cooper Basin (in South Australia / Queensland).
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