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Jan 21 2019, 08:35 GMT
Following a protracted delay due to a drilling moratorium, the rig selection confirms that the Beetaloo project is underway once again. Drilling this year will enable a commercial decision to be made as to which of the three targets identified in the Beetaloo will be pursued into stage 3. This will enable a full assessment of the plays and maximise the basin’s commercial potential. Shareholders will welcome the return to drilling activity, and the news is positive for the share price.
Jan 21 2019, 08:35 GMT