R3 and Oil Basins
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1 year, 9 months ago
Black Rock Oil to sell 15 pct stake in R3 lease to Oil Basins for A$95,000
Black Rock Oil & Gas Plc. said it has agreed to sell a 15 percent stake in the R3 retention lease offshore Western Australia, operated by Tap Oil Ltd ., ...
interactive investor - 11:41 p.m. Friday 13th June 2008 EST
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Company Profile
Oil Basins Limited is engaged in the business of investing in oil and gas exploration, production and development opportunities in the upstream oil and gas sector. Oil Basins Limited is involved in exploration for oil and gas in the offshore Gippsland Basin waters of southeastern Australia, the onshore Canning Basin of Western Australia and the offshore Carnarvon Basin waters of Western Australia. The Company’s portfolio includes drill-ready prospects situated within both the Gippsland and Canning Basins. On June 16, 2008, the Company announced that it had concluded an agreement with Black Rock Oil & Gas Plc to acquire a direct 15% interest in petroleum exploration Retention Licence R3 (Cyrano), which contains the undeveloped Cyrano Oil Field, located in offshore Carnarvon Basin, Western Australia.
Address: Suite 304, 22 St Kilda Road, ST KILDA, VIC, AUSTRALIA, 3182
Phone: (03) 9692 7222
Fax: (03) 9529 8057
