Area Drilling

AustrailiaTwo Denver independents applied for a fifth petroleum exploration permit in the Beetaloo basin in the Northern Territory (OGJ, June 27, 1994, p. 60).MAB Resources LLC and its subsidiary Sweetpea Petroleum Pty. Ltd. applied for the 956,000-acre permit on behalf of PetroHunter Energy Corp. and Sweetpea.Through Sweetpea, PetroHunter owns a 50% undivided working interest in four permits totaling 7 million acres. Exploration identified by the company’s geological and geophysical mapping extends into the newly applied area.Drilling is planned in the second and third quarters of 2007. PetroHunter has recorded 250 km of 700 km of seismic surveys planned in the area.KazakhstanRoman...

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