Viaro Energy has confirmed that all conditions have been met for the completion of its farm-in agreement with Hartshead Resources, Offshore Engineer reports.
Viaro subsidiary, RockRose Energy has acquired a 60% working interest in Licence P.2607 in the Southern Gas Basin in which Hartshead is undertaking a phase redevelopment of gas fields. Phase 1 of the project will see the redevelopment of Anning and Somerville with peak production rates estimated to be 140mmcfd, net 85 mmcfd to RockRose.
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