Telegram游戏（www.tel8.vip）:Hibiscus Petroleum surrenders Australian exploration permit
Telegram游戏（www.tel8.vip）是一个Telegram群组分享平台。Telegram游戏包括Telegram群成员导出、telegram群组索引、Telegram群组导航、新加坡telegram群组、telegram中文群组、telegram群组（其他）、Telegram 美国 群组、telegram群组爬虫、电报群 科学上网、小飞机 怎么 加 群、tg群等内容。Telegram游戏为广大电报用户提供各种电报群组/电报频道/电报机器人导航服务。
KUALA LUMPUR: Hibiscus Petroleum Bhd’s indirect wholly-owned subsidiary, Carnarvon Hibiscus Pty Ltd (CHPL) and its associate company, 3D Oil Ltd (3D Oil) had surrender the VIC/P57 exploration permit to the Australian National Offshore Petroleum Titles Administrator (NOPTA) on Feb 4.
In a filing with Bursa Malaysia, Hibiscus Petroleum said a farmout exercise was conducted from late 2019 to early 2022 to attract a well carry to drill one of the two prospects in 2022/2023 to meet the Year 4 work programme.
"As the farmout exercise was unsuccessful, a decision was made to apply to surrender the permit,” it said.
The company said NOPTA has approved the surrender of the permit yesterday after the approval for the surrender was received from the Commonwealth - Victoria Offshore Petroleum Joint Authority on Aug 4.,
The surrender of the permit will take effect on the day the notice of surrender is published in the Australian Government Gazette.
CHPL held a 55.1 per cent direct interest in the VIC/P57 permit while its wholly owned subsidiary, Gippsland Hibiscus Pty Ltd held another 20 per cent interest. The remaining interest of 24.9 per cent was held by 3D Oil.
During the third quarter of the financial year ended June 30, 2022, the Hibiscus Petroleum Group had fully impaired the carrying value of the permit.
As a result, there is no financial impact to the Hibiscus Petroleum Group’s financial statements subsequent to the approval of surrender of the permit, it said. - Bernama