Jv gets Ironbark approval

摘要

The Australian authorities have approved the transfer of explo- ration permit WA-359-P, which holds the Ironbark gas prospect, to new joint venture partners BP, Beach Energy and New Zealand Oil & Gas (NZOG). Cue, BP and NZOG revealed a co-ordination agreement in October 2018, which allowed for BP to act as operator on behalf of Cue in planning the Ironbark-1 well prior to transfers and creation of a formal joint venture.