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News Centre
Alton 3D seismic survey fully funded
L&M Energy Limited (ASX: LME) advises that it has entered into a farmout agreement with New
Zealand Energy Corp (“NZEC”) whereby NZEC will earn a 15% interest in PEP 51151 (Alton), subject to Ministerial consents and other conditions, by fully funding a regional 50km2 3D seismic survey across the permit.
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Tags: Exploration, Alton, Taranaki, North Island, New Zealand, oil and gas, NZEC
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