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EXPLORATION

New Standard Energy loses permit

CHINESE-backed New Standard Energy, which has left several wells unrehabilitated in the Canning Basin despite orders from the Western Australian state government to plug and abandon them, has lost its last exploration permit.

paul hunt
NSE.jpg

NSE.jpg

New Standard Energy was a joint venture partner with ConocoPhillips in the Great Sandy Desert region of the Canning Basin with more than 14 million acres of prospective leases.  Together the two drilled...

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