Neon Energy has been awarded the WA-503-P exploration permit offshore Western Australia. The company will take a 100% operating stake in the block having successfully bid in the 2013 Australian Offshore Petroleum Exploration Acreage Gazettal. WA-503-P is located offshore in the Dampier Sub-basin, inboard of the giant North West Shelf gas field complex and on trend with numerous oil and gas discoveries, including the Legendre and Hurricane fields.
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