Thursday 13 November 2014

Australia: PetroFrontier Corp provides update on amended farm-in agreement with Statoil

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.



PetroFrontier Corp has received a notice from Statoil Australia Theta indicating that expenditures in excess of US$50 million have been incurred under the Amended and Restated Farmin Agreement, thus fully satisfying all of Statoil's Phase 2A commitments thereunder.

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