PERTH, Nov 19 (Reuters) - Australia's AED Oil Ltd (AED.AX) has a strong balance sheet and is eyeing acquisition opportunities in Australia and the region, the firm said on Wednesday.
AED said at a media briefing it was holding about A$300 million ($195 million) cash and was looking for opportunities to diversify its production portfolio. ($1=A$1.54) (Reporting by Fayen Wong)
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