Perth Basin

The Operator of the Mereenie Joint Venture, Central Petroleum Ltd (ASX: CTP) has advised that drilling of West Mereenie 30 (WM-30) the well is completed and will be tied-in, with gas sales commencing soon after.

The Operator of the Mereenie Joint Venture, Central Petroleum Ltd (ASX: CTP) has advised that the West Mereenie 29 well (WM-29) is tied-in to the processing plant and commenced gas sales to the Northern Territory on the 20th of January 2025.

The Operator of the Mereenie Joint Venture, Central Petroleum Ltd (ASX:CTP) (“Central”) has advised that the West Mereenie-29 development well has been successfully drilled and completed over the target Pacoota 3 interval. The well has been suspended pending tie-in to the Mereenie Production Station, scheduled for late January. West Mereenie-30, the second of the two development wells was spudded on 16 January 2025.

Echelon Resources Limited (ASX: ECH, Echelon or the Company) - Echelon executes a binding Term Sheet with Mosman Oil & Gas - Acquiring a 100% interest and operatorship in EP145, Amadeus Basin, Northern Territory - Purchase price of AUD400,000 cash payment.- 5 per cent royalty on Helium and Hydrogen - Agreement subject to conditions, including FIRB and regulatory approval.