BPH Energy Limited (ASX: BPH) has announced that investee Advent Energy Ltd has submitted to the National Offshore Petroleum Titles Administrator (NOPTA) an application to allow the drilling of the Baleen drill target in the PEP11 permit offshore NSW.
- Advent Energy Ltd holds an 85% interest and is operator of the permit and remaining is held by Bounty Oil and Gas NL;
- Bounty and Asset are now moving to a drill ready status for PEP11 and the current permit expiry date is in March 2021.
At AEDT 01:09PM, the stock was trading at $0.001 per share, no change from its previous close.
There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.
Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.
As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.