NEWS ARCHIVE

Bridgeport buys Moonie

NEW Hope Corporation's Bridgeport Energy oil and gas unit managed to increase oil production to about 490 barrels of oil per day at the end of the past quarter, and it is expecting at least a 25% increase through the purchase of three historic Queensland fields.

Haydn Black

During the quarter, Bridgeport signed an agreement with Santos for the acquisition of PL 1 in the southern Surat Basin for $3.5 million. The state's oldest production licence is host to the Moonie, Cabawin...

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