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Macallum advances three Perth Basin prospects towards 2027 drilling

8:51am on Thursday 12th of November, 2026 AEDT • Oil and Gas
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Macallum advances three Perth Basin prospects towards 2027 drilling

8:51am on Thursday 12th of November, 2026 AEDT
Key Points
  • Aztech Well Construction appointed for three potential EP 494 wells
  • Environmental, safety and land access approval work has started
  • Drilling remains targeted for the second half of 2027
  • Final well selection depends on a binding farm-out agreement
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