New Zealand Oil and gas
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Drilling Update Booth Well In L7 Permit Perth Basin

Posted on 14 June 2024

New Zealand Oil & Gas Limited [ASX & NZX : NZO] notes the press release by Triangle [ASX : TEG ] attached.

The Ventia 106 rig is expected to be released to the L7 Joint Venture in early July and will take approximately 10 days to mobilise to the Booth-1 location.

Expected drilling to commence in mid to late July 2024. The Permits’ Joint Venture comprise Triangle [50% & Operator of the L7 permit] , NZO(25%) and Strike Energy Ltd (ASX: STX: 25%).