The South Australian Government has awarded six companies with five new petroleum exploration licenses in the Otway and Cooper Basins.
SA Resources Minister Dan van Holst Pelelkaan said the strong industry response to the acreage release highlighted the agility and resilience of Australian exploration companies.
Beach Energy, Cooper Energy, Vintage Energy, Armour Energy and Leigh Creek Energy (LCK) have been allocated exploration acreage covering more than 15,000 square kilometres in state’s north-east and south-east regions.
Northbridge Industrial Services plc (LON:NBI) hires and sells specialist industrial equipment to a non-cyclical customer base. With offices or agents in the UK, US, Dubai, Belgium, Germany, France, Australia, Singapore, New Zealand, Brazil and Korea, Northbridge has a global customer base.