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Additional information
Additional Information
Market: AIM
Sector: Oil and Gas Exploration and Production
Epic: XTR
News: Latest news
Web Site: Xtract Energy
Other Articles: 02-03-201012-02-201020-01-2010

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Saturday March 13, 08:47Premium risk at Prudential

Insurance giant Prudential has stolen the headlines this week, after their decision to buy AIA, the Asian life business of US insurer AIG, has attracted a mixed response from shareholders.

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Friday March 12, 07:58Lithium and rare earths markets poised for growth

Right now, the world relies almost completely on China for its rare-earth supply. The Chinese have made it clear that they want to keep more supply for themselves as they try to be the world leader in green technology

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Friday March 12, 07:51White Energy enters coal deal with China Guodian Group

White Energy Company (ASX: WEC; OTCQX: WECFY) has inked a non-binding heads of agreement with state owned Guodian Inner Mongolian Energy Sources Co Limited to develop a coal upgrading [...]

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Xtract Energy

Xtract Energy

Xtract Energy identifies and invests in a diversified portfolio of early stage energy sector technologies and businesses with very significant growth potential. The company works closely with its management teams to achieve critical project milestones, to finance later development stages and to build and crystallise value for all shareholders and partners.

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Friday, July 03, 2009

Xtract Energy sells more MEO Australia shares for A$2.37 million

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Xtract Energy PLC (AIM: XTR) said it sold a further 10.67 million of the shares it holds in MEO Australia Ltd (ASX: MEO) for A$2.37 million.

It reiterated that it will use the money to support the growth of the other investments within its portfolio and for working capital purposes.

Following the latest sale, Xtract retains 14,375,629 MEO shares, or approximately 3.4 percent of the capital.

As a result of the decrease in the size of Xtract's interest in MEO, future announcements made by MEO on the Australian Stock Exchange will no longer be relayed as a matter of routine by Xtract on AIM.

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