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Somerton takes stake in Wombat field

SOMERTON Energy has joined Beach Energy and Lakes Oil in a program to test the commercial gas pot...

Somerton takes stake in Wombat field

Under the agreement, Somerton will acquire up to 5% of PRL 2 by funding 33.3% of the cost to fracture stimulate and test the Wombat-2 and Boundary Creek-2 wells. This is expected to cost about $3.33 million....

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