Llanberis abandons Gippsland Basin Southern Platform permit

AFTER a quiet few years, the private Llanberis Energy is relinquishing VIC/P17 on the southern margin of the Gippsland Basin after initially holding high hopes for an oil find in the underexplored area close to  ExxonMobil and BHP’s VIC/P70. 

Llanberis abandons Gippsland Basin Southern Platform permit Llanberis abandons Gippsland Basin Southern Platform permit Llanberis abandons Gippsland Basin Southern Platform permit Llanberis abandons Gippsland Basin Southern Platform permit Llanberis abandons Gippsland Basin Southern Platform permit
 
 
The single asset company, named for a tranquil Welsh village, had hoped for a resurgence of interest in that part of the basin in 2017 after the large joint venture moved in, but three
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