(EnergyAsia, June 25, Monday) — Australian-Canadian Oil Royalties Ltd (ACOR) said has secured A$160 million to fund the development of the Longtom gas project in the Gippsland Basin. Longtom is expected to begin producing 11,000 (BOE) barrels of oil equivalent per day from the third quarter of 2008. As operator, it has also submitted its Longtom…