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.

26 June 2020
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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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