Melbana Energy, which has a 100% stake in the license currently, has granted Santos and Total until November 4 to elect to acquire their interests.
SANTOS and Total will have another month to decide whether or not to acquire a 40% interest each in the offshore Beehive prospect in WA-488-P off the coast of Western Australia.
Melbana Energy, which has a 100% stake in the license currently, has granted Santos and Total until November 4 to elect to acquire their interests.