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Drilling in Browse oil prospect on the horizon

IPB Petroleum has found a farminee to drill its offshore Western Australia oil prospect Idris despite oil price woes and the ongoing COVID-19 pandemic. 

Helen Clark
Drilling in Browse oil prospect on the horizon

The private Quay Resources will farm into WA-424-P in the Browse Basin, taking a 50% share and leaving IPB operator.    It will provide an initial US$31 million loan with $3.75 million going to IPB...

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