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Cyrano Oil Field R3/R1 Independent Review Confirms Significant Increase in Barrow Group Resources

  • Published December 18, 2012 2:12AM UTC
  • Publisher Wholesale Investor
  • Categories Company Updates

The directors of Oil Basins Limited (ASX codes OBL & OBLOB or the Company) are pleased to make the following ASX and Media Announcement.

OBL holds 100% of Retention Lease R3/R1 in the offshore Carnarvon Basin (Figure 1). The lease covers approximately 80 km2 in relatively shallow water (~15m) – refer to Figure 1.

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