Comet Ridge and Vintage Energy have jointly announced that their Galilee Basin joint venture in central Queensland, has been awarded six Potential Commercial Areas (PCAs) by the Queensland Department of Resources. This is an important step towards untapping the huge potential of the emerging Galilee Basin for future gas development.
Vintage Energy (ASX: VEN) and its partners in the PRL 211 joint venture have announced the start of a work program to bring the Odin gas discovery to market at the earliest opportunity.