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06/12/2006 - 13:55

ARC Energy acquires oil holdings for $2.8m

06/12/2006 - 13:55

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West Perth-based petroleum explorer ARC Energy Ltd will acquire Toronto Stock Exchange-listed Golden Dynasty Resources Ltd subsidiary Terratek Drilling Tools Pty Ltd for $2.8 million and a 2 per cent royalty on the company's oil holdings.

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