BPH Energy Limited’s (ASX:BPH) investee Advent Energy Limited has identified another key report from PEP 11 literature review, that has been prepared by Ampolex Limited. The report “Evolution and Hydrocarbon Prospectivity of the Offshore Sydney Basin NSW P10” is one of the studies generated by prior tenement joint holders, Ampolex and Santos.
The Ampolex report highlighted the following:
- The Baleen South Lead was one of their chief targets
- The primary source rocks could provide a mature, viable, gas/condensate source along the length of the Offshore Uplift
As at 11:53 AM AEST, BPH is trading at $0.018.
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