The two tenements, ATP674P and ATP733P, cover about 2584 square kilometres in the Maryborough-Bundaberg region and lie next to the joint venture’s previously awarded permit ATP613P. They are also about 150 kilometres south of the developing Gladstone liquefied natural gas export hub.
Blue is the operator and is farming into all three permits to earn a 75% stake. Beach holds the remaining 25% interest.
The
