Gulfsands was scheduled to pay ADX a final amount of $US1.5 million ($A1.6 million) by August 26 for ADX's remaining interest in the permit, which it owns through its subsidiary Alpine Oil & Gas.
An invaluable asset to Australasia's oil and gas sector
Subscribe today and enjoy full access to EnergyNewsBulletin.net - the most comprehensive source of energy sector news and information.