AUSTRALIA

Promising find for offshore Sydney Basin

PRELIMINARY results from new seismic data for the offshore Sydney Basin gas project led by Bounty Oil and Gas indicates several additional large structures in PEP 11, according to investment company MEC resources.

Promising find for offshore Sydney Basin

The company said the new mapping carried out by Advent Energy also confirms the presence of the Baleen prospect. The Baleen structure is the primary drilling prospect for Bounty in the offshore Sydney...

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