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DRILLING

Peak sees light in L20/50

PRIVATE company Peak Oil & Gas, which is planning an ASX listing in December, is set to participate in a drilling program in onshore Thailand that will test up to 60 million barrels of unrisked oil resources.

Marija Stojkovic
Peak sees light in L20/50

The company has entered into a binding term sheet with Sun Resources to earn up to 20% interest in L20/50. The onshore L20/50 block is 50:50 held by Sun Resources and operator Carnarvon Petroleum. ...

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