Whitebark takes control of Warro

A map of the Warro gas field.

A map of the Warro gas field.

Whitebark Energy has returned to full ownership of the Warro Gas Discovery, located in RL7 200 km northeast of Perth, Western Australia.

Alcoa Australia has agreed to relinquish its 43 per cent interest earned in the Warro assets, with Whitebark relinquishing non-core permits and licenses as part of a focus on the core resources in RL7.

As part of the transfer Alcoa has agreed to provide future funding to cover its share of plug and abandonment liabilities in the event any of the wells are not used in future development scenarios.

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