I think this may be the next major oil/gas discovery in Australia....
"Total and Santos have an option, exercisable together or individually, to acquire a direct 80% participating interest in the permit in return for continuing to fully fund 100% of the costs of all activities until completion of the Beehive-1 well. The option is exercisable at any time, but no later than 6 months from the final processed seismic survey data being accepted by Santos, Total and Melbana."
The Next CVN?
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