EXPLORATION

Vintage, Metgasco to absorb Beach PRL211 share

ASX-listers Vintage Energy and Metgasco will jointly acquire Beach Energy's 15% interest in Cooper Basin licence PRL211 subject to state ministerial approval.

File photo: handshake

File photo: handshake

The new division of interest among partners sees Metgasco with 25%, operator Vintage with 50%, and Bridgeport with 25%.  PRL211 contains the Odin gas field and sits adjacent to ATP2021, which replicates...

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