EXPLORATION

Whitebark expands spell bounding leasehold

WHITEBARK, which earlier this year left the Perth Basin and the stalled Xanadu oil project to consolidate its Canadian footprint, has added 640 acres at its Wizard Lake project, but owns them outright rather than in joint venture with operator and partner local Point Loma Resources.

Whitebark expands spell bounding leasehold

It said the new block holds a well which intercepted high quality pay section some 10 metres thick in the Lower Manville. The vertical well produced 180,000 barrels of oil equivalent before being...

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