Pardon me it does. Skimmed the RNS and missed this.
"It is the intention of the Z-34 partners to form a joint drilling team with Karoon Gas, operator of adjoining Block Z-38, to minimize total drilling costs. Baron Oil and Union are also planning to form a joint Z-34 technical team into which each company can place the most suitably qualified people."
But only intention. No deal done. So no need to report to ASX as yet.
Peru, page-10
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