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Shares in Otto Energy were higher after the company said it had received US$21.3 ($30) million from BHP Billiton as part of a farm-down of its interest in an exploration project off the coast of the Philippines.
An Australian company behind a gold mine in Thailand has denied reports it is at the centre of alleged corruption.
Barrick Gold, seeking to sell operations to cut debt, would consider approaches for its half share in the Kalgoorlie Super Pit, the country’s biggest open-cut gold mine, according to a company adviser.
Cooper Energy has reports that testing operations have been completed at the Bunian 4 appraisal/development well in the KSO Tangai-Sukananti Block, South Sumatra Indonesia.

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