EXPLORATION

NZOG still positive for Ironbark venture

NEW Zealand Oil and Gas told shareholders it remains optimistic that operator BP will spud the Ironbark prospect in offshore Western Australia- despite the decimated price of oil and ongoing Coronavirus nightmare - in planned timeframe of late 2020 to early 2021.

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NZOG sees no change to Ironbark drill plans

Ironbark has a best estimate prospective resource estimate of 15 trillion cubic feet of gas. NZOG holds a 15% stake in the project, junior Cue Energy 21.5%, Beach Energy 21% and BP 41.5% ...

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