Surprise West to be funded from R&D

CENTRAL Petroleum's development of Surprise West will no longer be dependent on a farm-out deal alone, with the company receiving a research and development tax refund from the Australian government in excess of the estimated $5 million development costs.

Surprise West to be funded from R&D Surprise West to be funded from R&D Surprise West to be funded from R&D Surprise West to be funded from R&D Surprise West to be funded from R&D

It told the market today that the rebate would be in excess of the development costs of the project.

loader