Hardman Resources has added to its Timor Sea acreage by farming into 95% of Bounty Oil & Gas' AC/...
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Bounty said it would assign a 95% interest in the permit to Hardman Resources Limited in exchange for $50,000 in cash and funding 400 km of 2D seismic.
AC/P 25 is situated on the eastern-side of the Vulcan sub-Basin. The permit is approximately 23 km south east of the Challis/Cassini oil field and 5 km east of the Talbot oil field.
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