The relevant commitments for each ATP that need to be completed within the four year period include
ATP 920 (PCL earning 20%)
Geological and geophysical reviews
80 km magnetic survey (Year 3)
200 km 2D seismic survey (Year 3)
Satellite imagery (visible imagery)
Drill one well (year 4)
Interpretation studies
ATP 924 (PCL earning 25% in
Geological and geophysical reviews
80 km magnetic survey (Year 3)
80 km 2D seismic survey (Year 3)
Satellite imagery (visible imagery)
Drill one well (Year 1)
Drill one well (Year 4)
Contact:
Tel: +61 8 6363 7090
(C) 2019 Electronic News Publishing, source