Metgasco gears up to drill potentially transformative oil exploration well in the Perth Basin
Rock Yarns: Metgasco gears up to drill potentially transformative oil exploration well in the Perth Basin
Energy
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Stock analysis veteran and lover of the resources game, Peter Strachan, is back for another instalment of the Rock Yarns podcast.
In this episode Peter chats to Ken Aitken CEO of Metgasco (ASX:MEL)
Metgasco is an ASX listed energy company focussed on exploration and appraisal activities in the Cooper Eromanga and Perth Basins.
The company has secured the Ensign 970rig for the Cervantes-1, located within the L14 Cervantes joint venture that the company is earning a 30% interest in by funding 50% of the cost of drilling the well. With drilling due to begin during the second half of March.
Tune in to hear Peter and Ken discuss the company’s exploration and outlook.
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