Melbana Energy advises that the National Offshore Petroleum Titles Administrator has approved a 20 month suspension of the permit conditions in respect of the Permit Year 3 work program for WA-488-P.
As a result, Permit Year 3 will end on August 21, 2023 and the permit term will end on May 21, 2025.
The WA-488-P permit comprises the Beehive prospect, located in the Bonaparte Gulf, Northern Territory.
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