EXPLORATION

Quest acquiring new Louisiana assets

QUEST Petroleum has signed an agreement to acquire a 7.5% working interest in the onshore Amazon and Thames prospects in south Louisiana from Pass Petroleum for 180 million Quest shares.

The two prospects target total resources of 450-650 billion cubic feet of gas and 45-65 million barrels of oil. Quest will be free-carried through all drilling costs to total depth in the first Amazon...

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