NEWS ARCHIVE

Entek quits Gulf of Mexico

AFTER a decade in the offshore Gulf of Mexico, with assets that have long played second fiddle to Entek Energy's attempts to commercialise the Niobrara Shale, the Perth-based junior is cutting its ties with the offshore US space.

The company has agreed to sell its entire Gulf of Mexico portfolio, the GA A133 (38%) and PN 975 (25%) blocks and its overriding royalty interest in the VR 341/342 blocks. Both Galveston A133 and Padre...

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