Oil Basins Limited reported Friday the following ASX announcement to update shareholders and investors on the Company’s ongoing activities in Vic/P47 in the Gippsland Basin, offshore Australia.
It has been confirmed from the National Offshore Petroleum Titles Administrator (NOPTA) that the transfer to Oil Basins and its wholly owned subsidiary Shelf Oil Pty Ltd. of the remaining interest in petroleum exploration permit Vic/P47 has been approved and registered.
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