Scandinavian Oil-Gas Magazine
http://www.scandoil.com/moxie-bm2/news/holloman-energy-to-continue-exploration-of-pels-11.shtmlHolloman Energy to continue exploration of PELs 112, 444 in Cooper Basin
Holloman Energy Corporation and its Joint Venture partners plan to continue to explore Petroleum Exploration Licenses (PEL) 112 and 444 in Cooper Basin, South Australia. PEL 112 is in
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Holloman Energy Corporation and its Joint Venture partners plan to continue to explore Petroleum Exploration Licenses (PEL) 112 and 444 in Cooper Basin, South Australia. PEL 112 is in its third year of its five year renewal program ending in 2018 and a recently approved 5 year renewal program ending in 2020 for PEL 444.
The obligations in both of these programs require additional geological and geophysical studies with one well to be drilled in the final year of each of the programs.
