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Mineral Resources Limited subsidiary secures rig for exploration gas drilling in Perth Basin

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.

Why the Mineral Resources (ASX:MIN) share price is moving higher

Why the Mineral Resources (ASX:MIN) share price is moving higher Why the Mineral Resources (ASX:MIN) share price is moving higher There’s a lot of energy beneath Australia’s soil and the mining services provider is in the thick of it. Bernd Struben earned his economics degree in the US. Following several years writing about the tourism industry in the Caribbean, he moved to The Netherlands to cover the EU s booming commercial real estate markets. He moved to Australia in 2010, where he transitioned to analysing the Aussie equity markets. He employs a combination of macro economics and company specific data to gauge what he believes are tomorrow s best investments. In his free time, you re likely to find Bernd at the beach or dabbling away on a new work of science fiction.

Multi-billion dollar plug and abandonment market emerges in Australia

Multi-billion dollar plug and abandonment market emerges in Australia Australia is on the verge of its largest-ever wave of decommissioning as offshore development wells reach the end of their producing life. This is both adding headaches for producers and creating a multi-billion dollar opportunity for plugging and abandonment (P&A) suppliers. Updated: 02/07/2021, 1:50 am ExxonMobil has huge decommissioning liabilities in Australia Photo: Andrew Harrer/Bloomberg Register here for the Energy Voice daily newsletter, bringing you key news and insight from across the global energy landscape. Thank you for signing up to our newsletter. Something went wrong - please try again later.

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