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Bounty Oil & Gas Takes Federal Court Action to Revive PEP-11 Permit

8:12am on Monday 2nd of June, 2025 AEST Oil & Gas
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Bounty Oil & Gas Takes Federal Court Action to Revive PEP-11 Permit

8:12am on Monday 2nd of June, 2025 AEST
Key Points
  • Asset Energy files Federal Court judicial review over PEP-11 permit decision
  • Joint Authority refused applications to vary, suspend conditions, and extend PEP-11
  • Application seeks to quash decision and mandate reconsideration by Joint Authority
  • Bounty holds 15% interest in PEP-11 offshore Sydney Basin permit
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