Oil Basins Limited (OBL or the Company) provided Wednesday the following update on the Company's ongoing activities in offshore Permit Vic/P47 which was acquired by the Oil Basins Limited Group (OBL Group) in November 2014 and which hosts the Judith Gas Field (Judith-1 discovery well) and Moby Location (Moby-1 discovery well) in the Gippsland Basin, offshore Australia.
The Vic/P47 Joint Venture Participants are: (OBL Group net 100 percent):
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