EXPLORATION

Aussies keep up chase for US riches

GOLDEN Gate Petroleum is set to embark on an extensive drilling and testing program in Texas and Louisiana, while fellow explorers Texon Petroleum, Samson Oil and Gas and Golden State Resources continue with their programs.

Marija Stojkovic

Golden Gate's drilling program is expected to start in April and will involve drilling and testing up to six wells over the next six months. The program will be funded by a fully underwritten placement...

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