Nexus Finalizes AC/P41 Farm-Out with Shell Australia

Nexus advised that completion has occurred in respect of the farm-out agreement for a 15% interest in exploration permit AC/P41 with Shell Development (Australia) Pty Ltd. 

Participants in exploration permit AC/P41:

  • Nexus Energy ACP41 Pty Ltd 15%
  • Mitsui E&P Australia Pty Ltd 20%
  • Shell Development (Australia) Pty Ltd 65% (operator)