EXPLORATION

Norwest to begin Perth Basin quest

NORWEST Energy is set to start exploration drilling in the Perth Basin next month after securing a rig and government approval for the farm-out agreement with India's Bharat PetroResources, a subsidiary of Bharat Petroleum Corporation.

Marija Stojkovic

The company said it had signed a contract with Hunt Energy & Mineral Co Australia for Rig 2 to drill RedHill South-1 in TP/15 on about February 14. RedHill South is estimated to have potential recoverable...

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