Business
REY Resources (ASX:REY) share price flat despite Origin deal
The REY Resources Limited (ASX: REY) share price remains flat today despite the company releasing its quarterly activities report, highlighting a new deal with Origin Energy Ltd (ASX: ORG).
The REY Resources share price is 27 cents and hasn’t moved a cent for the past week.
REY Resources is an exploring and developing energy resources company. It operates in two segments, mineral exploration and development and petroleum exploration in Western Australia. REY is currently focused on developing its oil and gas interests in the Canning and Perth Basins.
REY Resources and Origin Energy’s deal
The Fitzroy Blocks are an oil and gas field located in the Canning Basin in the northwest of Western Australia. On 21 December 2020, REY…
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