HFC hawk resources limited

any sellers out there

  1. 13,854 Posts.
    lightbulb Created with Sketch. 20

    4th June 2008 ASX Announcement
    NEW STANDARD ENERGY SECURES ADDITIONAL ACREAGE
    The Board of Hawk Resources Limited (ASX: HFC) (Hawk or Company) is pleased to
    advise that current merger partner, oil and gas exploration company New Standard
    Energy Limited (NSE), has successfully secured interests in additional acreage in the
    Canning Basin, Western Australia. The additional acreage is a result of a successful
    tender as part of the recent acreage release program undertaken by the Western
    Australian Department of Industry and Resources (DoIR) in March 2008.
    These extra acreage areas increase NSE’s Canning Basin holdings to in excess of
    90,000km2. They include a 100% interest in application area 28/07-8 (contiguous to EP417)
    and an option over a 50% interest in application area 30/07-8 (contiguous to EP442).
    Despite the early stage of exploration, numerous large structures have been identified
    across both areas that have the potential to host hundreds of millions of barrels of oil.








 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.