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Lakes Oil spuds Nangwarry-1 well

The Nangwarry-1 well is within Petroleum Exploration Licence (PEL) 155 in the South Australian portion of the onshore Otway Basin, 10 kilometres south of Katnook. The well is a 50:50 joint venture between Otway Energy (a subsidiary of Lakes Oil) and Vintage Energy. Drilling at the well will target two prospecting gas reservoirs, the Pretty …
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