Central Petroleum revealed that Peak Helium has overdue payments of over A$3mm under the farmout agreement. This puts the planned three well sub-salt exploration program for Mahler, Dukas, and Jacko Bore at risk. Central has been approached by Peak Helium and its financiers to restructure their broader arrangements with all joint venture parties to prioritise drilling at EP 125 (Jacko Bore well), given the prospect is a discovery having already produced gas to surface with relatively high helium and hydrogen concentrations.
top of page
Search
Recent Posts
See AllIn a recent interview, Tony Hamilton, CEO of Georgina Energy, discussed the company's upcoming re-admission to the London Stock Exchange on 30th July under the ticker GEX, facilitated by a reverse tak
Gold Hydrogen presented an investor update at the Noosa Mining conference on 19 Jul'24. The company showcased its milestones over the last few months and highlighted the results from its Ramsay well t
The Critical Raw Materials Act (CRMA), effective from 23 May 2024, aims to secure a sustainable supply of essential raw materials for the EU. The CRMA provides extensive support, including funding, ex
bottom of page