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Tracy Lee, Vesna Poljak, Michael Smith, Staff reporter, Simon Evans, Nabila Ahmed, Sue Mitchell

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Nexus seeks $140m

Oil and gas producer Nexus Energy has launched an institutional placement of 83.4 million shares to raise about $140 million. Nexus said it would use the funds to develop key programs such as its Longtom gas project in the Bass Strait. Tracy Lee

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    Original URL: https://www.afr.com/companies/briefs-20080529-jemkj