BEACH Energy has increased its exposure to the South Antelope shale oil prospect located in the Bakken shale, North Dakota, under an agreement with alliance partner Sundance Energy.
The Australian mid-cap will acquire a net revenue interest of around 15% in lease areas Section 26 and 35.
Earlier this year, it acquired a net revenue interest of 18.
More M&A and new tech could trigger another shale revolution
Tamboran ramping up Top End work
The future of frontline operations
Tamboran ramping up Top End work
The future of frontline operations
