Longreach will pay 13.3 per cent of the cost of an exploration well in the licence area in exchange for 10% equity. The well is likely to be drilled in the second or third quarter this year.
Longreach Oil has entered into a conditional option agreement with Black Rock Petroleum NL in exp...
Longreach will pay 13.3 per cent of the cost of an exploration well in the licence area in exchange for 10% equity. The well is likely to be drilled in the second or third quarter this year.
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