AUSTRALIA

Planet completes switch of focus

PLANET Gas has cast aside New South Wales and is betting big in South Australia after Senex Energy agreed to a $A9 million free carry in the drilling of two wells in PEL 514.

James McGrath

As part of an agreement signed between the pair, Senex will be granted a further 10% stake in the northern part of the licence while it will gain a 30% interest in the southern part of the permit. It...

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