• Like
  • 1
  • Favorite

BRIEF-Stonehorse Energy Makes Its Maiden Australian Oil And Gas Investment In Surat Basin

Reuters2021-11-01

Nov 1 (Reuters) - Stonehorse Energy Ltd :

* STONEHORSE MAKES ITS MAIDEN AUSTRALIAN OIL AND GAS INVESTMENT IN SURAT BASIN, SOUTH EAST QUEENSLAND

* ARMOUR ENERGY WILL RETAIN A 50% WORKING INTEREST FOR FIRST 7+ YEARS AS WELL AS 100% REVENUE AFTER THAT PERIOD

* CO, INVESTORCO TO JOINTLY FUND AROUND A$1.5M FOR PERFORATION & STIMULATION, THEN FURTHER A$1.4M FOR A SECOND WELL INTERVENTION

Source text for Eikon: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment1

  • Balckbler
    ·2022-02-12
    Great ariticle, would you like to share it?
    Reply
    Report
 
 
 
 

Most Discussed

 
 
 
 
 

7x24

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email:uservice@ttm.financial