Key secures rig for upcoming Perth Basin exploration

PERTH-based junior Key Petroleum has inked an agreement with Drilling Contractors Australia, securing the DCA Rig 7 for six months from July for its exploration and drilling program in the Perth Basin.

Key secures rig for upcoming Perth Basin exploration Key secures rig for upcoming Perth Basin exploration Key secures rig for upcoming Perth Basin exploration Key secures rig for upcoming Perth Basin exploration Key secures rig for upcoming Perth Basin exploration

 

The announcement follows a capital raise last month to fund drilling at the Parce or Wye Knot prospects in the Basin as well as development work across the Mt Horner oilfield in Block L7.

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