Beach Energy Limited (ASX:BPT) (PINK:BEPTF) has been advised by Senex Energy Limited (ASX:SXY) of a proposed ten well drilling program on PRL 15 and PEL 104 (the Growler field) consisting of four development (already approved by the joint venture) and six exploration wells.
Senex Energy Limited
Beach Energy Limited (ASX:BPT) To Complete Acquisition Of Impress Energy (ASX:ITC) After Senex Energy (ASX:SXY) Accepts Beach Offer
Beach Energy Limited (ASX:BPT) (PINK:BEPTF) announces it has acquired Senex Energy Limited's (ASX:SXY) (formerly Victoria Petroleum NL) 20% stake in Impress Energy Limited (ASX:ITC), allowing Beach to commence procedures for the compulsory acquisition of all remaining Impress shares.
Australian Market Report of February 17, 2011: Malagasy Minerals (ASX:MGY) Commenced Vanadium Drilling In Madagascar
Australian Market Report of February 17, 2011 includes: Malagasy Minerals Limited (ASX:MGY) has commenced a comprehensive vanadium drilling programme in Madagascar; Atlantic Limited (ASX:ATI) raises US$335 million to fund Windimurra vanadium project in Western Australia; Energia Minerals Limited (ASX:EMX) reported a 23% JORC resource increase at the Carley Bore Deposit; Senex Energy Limited (ASX:SXY) recommences oil production in the South Australian Cooper Basin.