Red Sky moves on Innamincka

Junior oiler Red Sky Energy is making good on its Good Oil Conference presentation last month to obtain a “spread of assets” after entering a conditional sale and purchase agreement to acquire Bengal Energy’s 25% interest in PRL182 which is a part of the Innamincka Dome oil & gas project in the Cooper Basin.

Red Sky moves on Innamincka Red Sky moves on Innamincka Red Sky moves on Innamincka Red Sky moves on Innamincka Red Sky moves on Innamincka
 
The field has produced more than 175,000 barrels of oil to day and the block being acquired, PRL182, includes existing production infrastructure, storage tanks and processing facilities.

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