Through its recent purchase of the assets of Daytona Energy, Australia’s Bounty Oil & Gas NL has acquired 18% of an oil and gas field which was recently farmed out to Taiwan’s state owned Chinese Petroleum Corporation. The AC/P32 field is located in the Vulcan sub-Basin, offshore Western Australia, and is adjacent to several oil…
AUSTRALIA: Bounty Oil & Gas to benefit from farm-out deal with Taiwan’s CPC
Posted on September 9, 2002 by EnergyAsia