SANTOS has agreed to exercise its option to farmin for 40% to Melbana Energy’s Beehive project in permit WA-488-P in the Bonaparte Basin offshore Western Australia.
Santos in but Total out, Beehive farmin uncertainty continues
Total, which had the option to acquire another 40% of the permit from Melbana Energy, has decided not to exercise it. Santos may now acquire another 40% on the condition it funds 100%...
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