EXPLORATION

Clontarf buys into Western Gas project

IRELAND based Clontof Energy has acquired a 10% stake in Western Gas' Sasanof prospect offshore Western Australia in exploration permit WA-519-P.

 Western-Gas-Sasanof-1-map.png

Western-Gas-Sasanof-1-map.png

  Under the agreement Clontof will pay Western Gas US$4 million cash and issue the company 100 million shares worth a combined £480,000.  Western Gas (52.5%) will remain operator of the permit alongside...

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