From SMH's market's live blog:
3.12pm: Buru Energy and Mitsubishi Corporation have struck a deal to explore and develop massive unconventional gas reserves in the sensitive Kimberley region of Western Australia.
The West Australian government has agreed to allow the joint venture partners to explore for gas and build a pipeline in the Canning Basin, which stretches between Port Hedland, Broome and the State’s eastern border.
Read more: http://www.smh.com.au/business/markets-live/markets-live-shares-rise-on-obama-victory-20121107-28x1o.html#ixzz2BVfX7yzv
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