Metgasco moving to the Perth Basin

METGASCO has been busy lately and after last week’s announcement of a farmin deal with Brookside Energy it has said it is now taking acreage in hotspot the Perth Basin, announcing this morning it has signed a farmin agreement with Jade Energy holdings local subsidiary RCMA Australia. 

Metgasco moving to the Perth Basin Metgasco moving to the Perth Basin Metgasco moving to the Perth Basin Metgasco moving to the Perth Basin Metgasco moving to the Perth Basin

Metgasco to move in beside Jingemia

The agreement provides an option to farmin via drilling two exploration wells in the L14 production license in the North Perth Basin southwest of the producing Jingemia oil field.