Bounty gets approval for drilling of New Seaclem-1 Dec 14, 2010Bounty Oil and Gas NL reports that the joint venture has received approval from the Commonwealth Department of Sustainability, Environment, Water,
Bounty Oil spuds Ubute-1 exploration well Nov 9, 2010Bounty Oil & Gas has spud the Ubute 1 oil exploration well in ATP 560P Eromanga Basin SW Queensland with the ADS Rig 6. Ubute 1 lies in the Utopia Block.