Helium a potential bonanza

RECORDING has started on more than 1000km of 2D seismic in the remote southern Amadeus Basin with the aim of examining some massive gas-helium targets that could be a a potential bonanza for takeover target Central Petroleum and company-saver for the debt heavy Santos.

Helium a potential bonanza Helium a potential bonanza Helium a potential bonanza Helium a potential bonanza Helium a potential bonanza
As part of its second stage farm-in agreement with Central Petroleum the Adelaide-based oiler needs to fund 1300km of seismic south of the Mereenie, Palm Valley and Dingo fields.