EXPLORATION

Woodside knocked out of Carnarvon block

WOODSIDE Petroleum's move to acquire Roc Oil's 20% stake in WA-351-P of the Carnarvon Basin has been quashed after Tap Oil exercised its pre-emptive right and increased its interest on the same terms as the Woodside deal.

Marija Stojkovic

Last month, Roc Oil announced it had agreed to sell its 20% stake in WA-351-P, which is on trend with the giant Io/Jansz gas field and several discoveries made in the adjacent Hess-operated WA-390-P permit,...

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