EXPLORATION

Drill bit continues spinning in US

PERTH-based junior Target Energy is planning to drill a low-risk development well in Louisiana next month aiming for up to 4.2 billion cubic feet of recoverable gas while fellow explorer Golden State Resources has continued drilling in Utah.

Drill bit continues spinning in US

Target said operator Cypress Drilling is planning to spud the Snapper A-3 well in St Martin Parish, Louisiana, in late May with site work beginning soon. The well, located on the northeastern flank...

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