Monday, 7 January 2008
ASX Announcements
Australian Stock Exchange
L20/50 ONSHORE BLOCK THAILAND - AWARD
Sun Resources NL (“Sun Resources”) and Carnarvon Petroleum NL (“Carnarvon”) have received official notification from the Thai Department of Mineral Fuels (“DMF”) of the award of onshore block L20/50 and in turn have accepted the block award from the DMF.
It is anticipated that contractual documentation for the block between the joint venture and the Thai government will be signed latter this month in Bangkok. Following the formal signing, Carnarvon as Operator, will commence block exploration activities.
l20 50 onshore block thailand award
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