Northern Territory

The government granted exploration permits 103 and 104 totaling 5.5 million acres in the nonproducing Georgina basin.

Nov. 27, 2006

By OGJ editors
HOUSTON, Nov. 27 -- The government granted exploration permits 103 and 104 totaling 5.5 million acres in the nonproducing Georgina basin.

Holders are Texalta Petroleum Ltd., Calgary, 50%, and Texalta's Australian partners 50%.

The permits took effect Nov. 21, 2006, for 5 years. The work program includes seismic reprocessing, more seismic surveys, and the drilling of structural test wells. Texalta began preliminary seismic reprocessing in Calgary.