Innamincka closes PEL 182 buy

INNAMINCKA Petroleum has completed its acquisition of a 37.6% stake in PEL 182 in the Cooper Basin, South Australia, from Strategic Energy Resources.

27 July 2010
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PEL 182 is located on the western margin of the Cooper Basin and contains the Vanessa gas-condensate discovery, which flowed gas at a combined rate of 8 million cubic feet per day, and the Emily-1 oil

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