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.
-
SOLUTIONS
Longreach Oil has entered into a conditional option agreement with Black Rock Petroleum NL in exploration licence EP373, onshore Canning Basin in Western Australia.
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.
ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive
ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.
ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.
This industry-wide report aims to understand current cost levels across the energy industry