Nuenco claim 6% stake in oil project
You have no credits left. To view this article subscribe to Business News.
You have used {{points}} and have {{current_points}} remaining. Your credits will reset on {{reset_date}}.
This article is part of a special report and is available to paid Business News subscribers only.
You can purchase access to this special report or subscribe to Business News.
You can purchase access to this special report or subscribe to Business News.
This article is premium content and is available to paid Business News subscribers only.
Subscribe to Business News.
Subscribe to Business News.
Wednesday, 14 May, 2008 - 13:36
West Perth based oil and gas explorer Nuenco has acquired a 5 per cent working interest in the Bullseye oil and gas prospect in South Louisiana.
Nuenco will pay 6.67 per cent of the costs for Jumonville #1, the first well in the prospect, which was spudded on April 28 and has a planned total depth of 14,200 feet.
The well is currently being operated by fellow West Perth based Golden Gate Petroleum, which has a 43.33 per cent share in the project.
Companies: