Mosman Oil and Gas has secured the final government approval for the Farm-in to its EP 145 project in Australia, where it partners with Greenvale Energy. Under the agreement, Greenvale will earn a 75% interest by funding seismic activities and drilling a well, with investments capped at A$5.5mm. The project is in a region noted for high helium concentrations and proven hydrocarbon discoveries and is set for seismic acquisition in mid-2024 and drilling in 2025. Early estimates indicate approximately 26.4bcf of 2U best estimate prospective resource for helium and hydrogen each at EP 145.
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See AllGreenvale Energy, an Australian E&P company, secured a 75% stake in EP 145 in the Amadeus Basin, Central Australia, through a farm-in...
Greenvale Energy's CEO, Mark Turner, discussed with Proactive the company’s interest in rare, high-value commodities including bitumen...
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