Sacgasco drops RL acquisition and PEP11 farmin

CALIFORNIA-focused junior Sacgasco has dropped its proposed takeover of private RL Energy and will subsequently not farm into the PEP11 option that would have seen the company return to Australia after years exploring the Sacramento Basin.

Sacgasco drops RL acquisition and PEP11 farmin Sacgasco drops RL acquisition and PEP11 farmin Sacgasco drops RL acquisition and PEP11 farmin Sacgasco drops RL acquisition and PEP11 farmin Sacgasco drops RL acquisition and PEP11 farmin
 
Sacgasco first flagged its interest in the PEP11 title in November last year, but after an extensive review the board determined not to exercise its option to acquire RL Energy which had