For Info:
From Minres released quarterly out today:
- Two production license applications for the Lockyer Gas Project were submitted in May 2024 for declared location blocks over the Lockyer and North Erregulla gas fields.
- Analysis of the North Erregulla-2 well testing continues, with average production rates of 675 barrels of oil per day (bopd) and reaching a maximum of 900bopd. Oil assay analysis confirmed 31-degree American Petroleum Institute gravity and 0.1% sulphur, which indicates a sweet, medium to light crude oil.
For Info: From Minres released quarterly out today: Two...
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