DGAP-News: ADM Energy PLC / Key word: Miscellaneous
ADM Energy PLC: Barracuda CPR
30.03.2022 / 07:00
The issuer is solely responsible for the content of this. | March 30, 2022
Mineral Resources subsidiary secures rig for exploration gas drilling in Perth Basin
The beginning of drilling later this month will be a milestone for the company’s subsidiary as it signifies the start of an extensive conventional gas exploration program. The company is fully committed to achieve net-zero emissions by 2050.
Mineral Resources Limited’s (ASX: MIN) wholly-owned subsidiary Energy Resources Limited (ERL) has secured a rig to drill conventional gas exploration well Lockyer Deep 1 in the onshore Perth Basin, Western Australia.
Lockyer Deep Prospect is on exploration permit EP368, in the highly prospective northern section of the Perth Basin that is host to several recent conventional gas discoveries.