GAS

Oil Basins to manage VIC/P41 farm-out

THE VIC/P41 joint venture has given Oil Basins the task of finding a farm-in partner willing to fund 100% of at least one or possibly more wells in return for a major interest in the permit.

Oil Basins to manage VIC/P41 farm-out

The prospective farm-in partner will also be appointed operator on executing the farm-in agreement with the JV. Oil Basins said the fourth-year commitment well has now been varied to the fifth year and...

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