BPH Energy’s (ASX: BPH) investee Advent has inked a preliminary well services agreement with a global specialist to look at engaging a rig for the Baleen prospect which is part of its PEP-11 gas permit in offshore New South Wales.
Under the well services agreement, Norway-headquartered Add Energy will review rig availability and engagement terms for the proposed Baleen exploration program.
Add Energy will also develop a scope of supply for regulatory and environmental compliance and review the proposed drilling schedule. Read more…..
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More retirees are rushing into equities, especially stocks with high dividend yields, but the sentiment on equities markets has now reached mania levels, said Peter Grandich, founder of Peter Grandich & Co.