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EXPLORATION

RL picks 3D option

ADVENT Energy (85%) and operator) and Bounty Oil and Gas (25%) have signed a binding term sheet with private Perth-based firm RL Energy for a farm in for PEP 11 in the offshore New South Wales. 

Helen Clark
RL picks 3D option

While the farm-in terns are being finalised, they will be subject to regulatory and shareholder approvals, vessel availability and receipt of funding.    RL has already advised the other JV members...

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