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AED probed over Puffin oil field

23-November-09 by John Phaceas

Oil junior AED Oil has drawn the attention of the share market regulator over the timing and content of its disclosure relating to problems at the Puffin oil field in the Timor Sea.

The Australian Securities Exchange is understood to be scrutinising AED's tardy disclosure of the May suspension of production at Puffin and a subsequent $US60 million legal claim against it and Chinese joint venture partner Sinopec.

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