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Monitor drilling wells for stake in VicPet permit

MONITOR Energy has signed an agreement with Victoria Petroleum to take up to 75% of PEL 115 in th...

Under the deal, Monitor will fund the first well - targeting the Fury prospect - in the permit at an estimated cost of $A2 million to earn a 37.5% stake in PEL 115 as well as a 75% interest in the prospect...

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