28th Jan 2020:
"Bounty and Asset are now moving to a drill ready status for PEP11 . The current permit expiry date is
in March 2021.The application to NOPTA includes the extension of the permit title for up to two years
to enable the drilling and includes an application for the removal of the requirement for a 500 sq. km
3D seismic program. The Joint Venture will further update the market on the timing of these approvals
when detail is available."
Advent with JV partner Bounty Oil completed a 200-line km 2D seismic survey in PEP11 in the second
Quarter of 2018 at Baleen as a precursor to drilling of this target approximately 30 km south east of
Newcastle.
28th Jan 2020:"Bounty and Asset are now moving to a drill ready...
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