AUSTRALIA

Apache considers MEO farm-out

MEO has secured a binding option agreement for Apache to farm in to its AC/P50 and A/P51 exploration permits in the Vulcan Basin.

Andrew Snelling

Apache has until September 30 to elect to acquire a 70% interest in, and assume operatorship of, the permits when they go up for renewal in April next year. If Apache takes the offer, it will carry MEO's...

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