EXPLORATION

AWE could unlock offshore

KEY Petroleum says the return of AWE to the offshore Perth Basin block would help the partners in understanding some new play types as well as de-risking some existing prospects and leads that operator Pilot Energy has mapped.

 Kane Marshall.

Kane Marshall.

AWE recently paid Key a $75,000 option fee and can trigger the option within the next year, either by carrying Key for its remaining equity or reimbursing the junior for around $250,000 for the final two...

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