Santos Ltd was awarded production licence PL 1046, located in the Cooper-Eromanga Basin, on 8 May 2019.Â  The licence has been awarded for a 30 year period, and will expire on 12 May 2049.  The licence is over the Hector and Hector South gas discoveries, which were made in 2004 and 2017 respectively. Â Â   PL 1046, which covers an area of 51 sq km, was awarded on 8 May 2019. Participants in the licence are Santos Ltd (70% + Operator), with 25% held through subsidiary Santos Petroleum Pty Ltd and 7.5% held through Vamgas Pty Ltd, and Beach Energy Ltd subsidiary Delhi Petroleum Pty Ltd (30%).
Santos (70% + Op. Beach 30%) was awarded production licence PL 1019, 1020, 1046.