Bounty Oil & Gas NL has announced an update on the Nyuni Area PSA and the Kiliwani North development, following an announcement to LSX by the operator, Aminex PLC. Bounty holds a 5% participating interest in both projects. The expanded Nyuni Area PSA was issued to the joint venture in October 2011 and comprises onshore, [...]
![Bounty Announces Spud of Nyuni 2 Well, Tanzania]()
Bounty Oil & Gas NL announces that the Nyuni 2 well in the Nyuni Block, Tanzania was expected to spud around mid day today East Australia Time. Nyuni 2 Apraisal Well Nyuni 2 is being drilled with the Caroil 6 drilling rig from the same lease location on Nyuni Island as the Nyuni 1 well [...]
![Bounty Announces Progress Report on New Seaclem 1 Well Offshore Australia]()
Bounty Oil & Gas NL announces progress report on the New Seaclem 1 well in PEP 11, offshore NSW. MEC Resources investee company Advent Energy Ltd (Advent) has reported: Progress since Last Report The well was spudded at 00.00 hours AEDST 15 December 2010 and drilled the 9 7/8″ pilot hole to 310.5 metres BRT. [...]
![Australia: Bounty Oil & Gas Gets Green Light for New Seaclem-1 Drilling]()
Bounty Oil & Gas NL announces that the joint venture has received approval from the Commonwealth Department of Sustainability, Environment, Water, Population and Communities (DSEWPC) for the drilling of New Seaclem-1, in PEP 11 offshore Newcastle, NSW. Formal advice has been given to Asset Energy Pty Ltd (a wholly owned subsidiary of farmin partner Advent [...]
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