Some recent news Guys
Bounty Oil & Gas.Bounty Oil and Gas NL is a petroleum producer/explorer participating in 2009 drilling in proven oil and gas permits with Australian and International exposure.
Bounty Oil & Gas to get set with drill rig for Pep 11 well, Sydney Basin
Investors looking to get set for the drilling of the the Fish Prospect in PEP 11 project in offshore Sydney Basin - Bounty Oil & Gas N.L. (ASX: BUY) a 75% interest - will not have to wait much longer. A drilling rig tender process for the well has commenced. Well design work has been completed to undertake a drill test of in PEP 11, and a tender has begun for the provision of a jackup drilling rig for that drill test.
Bounty has a free carry through 2009 drilling of one well in PEP 11 offshore Sydney Basin where the partners have identified several large targets some with potential for up to 2.5 Tcf gas. MEC Resources Ltd (ASX: MMR) has a 25% interest - earning an additional 55% by funding one well.
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Some recent news GuysBounty Oil & Gas.Bounty Oil and Gas NL is a...
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