, , , , , , ,

Melbana benefits from Vulcan Sub-Basin deal

Santos Oil Search

Melbana Energy has secured $400,000 from the sale of a 55 per cent share in the Vulcan Sub-Basin permit AC/P50 to Santos and SapuraOMV. The company sold its 55 per cent interest in the North-West Australian permit to joint venture partner Rouge Rock in 2018. However, due to the terms of the divestment, it gave …

To access this post, you must purchase a subscription. If you have an existing subscription, please log in.
Send this to a friend