Reabold Resources has announced a corporate and operational update covering the West Newton PEDL 183 licence and four of the North Sea offshore licences, and the commencement of a share buyback programme of up to £750,000.
Talon Energy and the L7 Joint Venture have identified three material gas prospects in the L7 permit, each over 50 Bcf.
All three gas prospects are in immediate proximity to the Dampier-Bunbury Natural Gas Pipeline. The L7 Joint Venture is preparing to high-grade the two best prospects for a drilling campaign in 2024.
Global Petroleum has announced an updated estimate of Prospective Resources for its licence PEL0094, offshore Namibia. Global holds a working interest of 78 per cent in the Licence, and is operator.