Interest in the Georgina Basin is continuing to increase.
Baraka understands that. Australia Energy Corp.
Recently completed an over subscribed C$ 9 MILLION DOLLAR private capital raising in Canada.
Baraka believes that the funds will be used to fund exploration OF AEC Georginas Basins permits EP103 and EP104 adjacent to Barakas EP127 and EP128 {CTP 132]
Beginning with seismic in fill programme in first half of 2010
Baraka 75% interest with Northern Teritory OIL Limited
Beleives that it should be prospective due to previous oil shows and gas flows
next door permits
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