Junior explorers West Oil and Norwest Energy have each increased their stake in AC/P22, containin...
West Oil told the exchange that the JV has commenced technical evaluation and is preparing to reprocess the 3D seismic data set over the Puffin Oil fields to a higher level than previously undertaken.
West Oil added that the JV will be seeking additional participants to help carry them through the cost of drilling the next well.
With the global energy market in constant development, this report captures the sentiment of key industry players on the future of energy in Australia – and how it has changed through 2024.
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