Highlights
EPA119, EPA206, EPA208, EPA209, EPA210 and EPA211 cover parts of the Wiso Basin. This area is currently unexplored but may hold the same potential believed to exist for EP200, EP205 and EP207.
These six tenements also constitute part of the 50% farm-in Joint Venture with Blue Energy Ltd.
Discussions with the relevant authorities have been held up by the recent Scientific Inquiry into Hydraulic Fracturing and the COVID-19 pandemic. Discussions are expected to resume in 2021.
Highlights
EP200, EP205 & EP207 cover parts of the Wiso Basin. This area is unexplored but may offer significant oil and gas potential.
These three tenements are part of the 50% farm-in Joint Venture with Blue Energy Ltd, a well-resourced Australian explorer.
Blue Energy has now completed a regional gravity and aeromagnetic mapping project that suggests the Wiso Basin should be considered a part of the Greater McArthur Basin – where oil and gas discoveries have been made in recent years.