Petrofrontier completes farm-in

The surface geology of the Georgina Basin, NT.

The surface geology of the Georgina Basin, NT.

PetroFrontier has completed the minimum farm-in commitment to earn an additional 50 per cent working interest in joint venture partner Baraka Energy and Resources’ exploration permits EP 127 and EP 128 in the southern Georgina Basin, Northern Territory.

This earning, which follows PetroFrontier’s previously announced farm-in agreement with Baraka, will increase PetroFrontier’s working interest in EP 127 and EP 128 from 25 per cent to 75 per cent.

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