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Bounty Oil & Gas Faces PEP 11 Permit Setback Amid Legal Review Plans
11:11am on Monday 20th of January, 2025 AEDT
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Oil & Gas
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Bounty Oil & Gas Faces PEP 11 Permit Setback Amid Legal Review Plans
11:11am on Monday 20th of January, 2025 AEDT
Key Points
Joint Authority refuses PEP 11 Joint Venture Applications
PEP 11 permit remains active for two months from January 17, 2025
Bounty and BPH Energy hold 15% interest in PEP 11 offshore Sydney Basin
Company exploring legal review under Offshore Petroleum and Greenhouse Gas Storage Act 2006
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