BPH Energy Limited (ASX:BPH) Advent Energy Preliminary Well Services Agreement
Advent Energy Preliminary Well Services AgreementPerth, Jan 13, 2021 AEST (ABN Newswire) - BPH Energy Ltd (
ASX:BPH) wishes to advise its investee company, Advent Energy Ltd (Advent) through its wholly owned subsidiary Asset Energy Pty Ltd (Asset), has signed a Preliminary Well Services Agreement (Agreement) with Add Energy (https://addenergy.no).
Under the Agreement Add Energy will initiate a review of rig availability and engagement terms for the Baleen well program. Add Energy will also develop a scope of supply for regulatory and environmental compliance and review the drilling campaign schedule including a review of the program for geosequestration drilling research as part of the Baleen drill project.