On 7 May 2020, Energy World Corp (EWC) completed its purchase of production licence PL 117, located in the Cooper-Eromanga Basin, from Santos Ltd. EWC now holds 100% interest and operatorship through its subsidiary company Australian Gasfields Ltd.  EWC reported that it had entered an agreement to purchase the interest in early 2019.   PL 117 contains the Vernon gas field, which was discovered in 1996 and brought onstream in 1999. The licence is already connected to its Eromanga gas processing facility. PL 117 was to be surrendered ahead of the scheduled expiry date on 28 September 2019. However, a renewal application is now in place and is expected to be accepted.  PL 117, which covers an area of 49 sq km, was awarded on 29 September 1998. After acquiring 100% interest from Santos QNT Pty Ltd, Australian Gasfields Ltd was registered as interest holders since 7 May 2020.
EWC completed the acquisition of PL 117, 49 sq km in the Cooper-Eromanga (Vernon gasfield), from Santos