Rawson Oil and Gas and Weston Energy sign MoU

Rawson Oil and Gas and Weston Energy have entered into a non-binding Memorandum of Understanding (MoU) to sell gas from the Nangwarry-1 exploration well in the event of a discovery.

Located in the Otway Basin, South Australia, the Nangwarry-1 well is situated 4 km from a currently unused pipeline and has been has been estimated by an independent petroleum engineering firm to have prospective resources of 1.6 billion cubic metres of gas.

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