RAWSON Oil and Gas and its partner Vintage Energy have seen an independent expert upgrade of the resource estimate at their Nangwarry prospect in offshore South Australia's Otway Basin from 33 billion cubic feet of gas to 57Bcf.
The PEL 155 area
Rawson is operator of the 50-50 joint venture, giving it and Vintage a net resource of 28.5Bcf each from the upgrade. Vintage acquired an additional 25% stake in the project in April following...
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