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Eastern Gas Advances $5.5M IPO-Funded Drilling Plans at Surat Basin’s Project Venus

8:11pm on Thursday 30th of April, 2026 AEST Energy
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Eastern Gas Advances $5.5M IPO-Funded Drilling Plans at Surat Basin’s Project Venus

8:11pm on Thursday 30th of April, 2026 AEST
Key Points
  • Raised $5.5 million in IPO to fund Project Venus appraisal
  • Selected horizontal drilling for multi-well appraisal program
  • Negotiating drilling contract for up to two horizontal wells
  • Windorah Project farm-out preparations continue
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