AUSTRALIA

WA acreage release seen in new light

LAST month's Phoenix South-1 discovery shows that old prospects can become big winners. More of its kind are out there, perhaps even in the current onshore acreage release in Western Australia.

WA acreage release seen in new light

The Department of Mines and Petroleum announced this week the second round of its 2014 release, featuring four areas on the Broome and Crossland platforms. The four blocks cover a large area of 8500sq.km...

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