Santos Ltd was awarded production licence PL 1026, located in the Cooper-Eromanga Basin, on 9 July 2019.Â  The licence has been awarded for a period of five years and will expire, or be eligible for renewal, on 8 July 2024. The licence was applied for in February 2017.  The licence contains the Raworth gas and condensate field, which was discovered in February 2001.Â  The field has been producing since June 2013.  The licence is replacement tenure for PL 189, which covered the same area and location and was surrendered on 9 July 2019.Â  PL 189 had been awarded in March 2002.  PL 1026 is one of three production licences awarded to Santos on this date, all as replacement tenure for prior licences.  PL 1026, which covers an area of 18 sq km, was awarded on 9 July 2019.Â  Participants in the permit are Santos Ltd (40% + Operator), Santos subsidiary Vamgas Pty Ltd (15.5%), Beach Energy subsidiaries Delhi Petroleum Pty Ltd (32%) and Mawson Petroleum Pty Ltd (6.5%), Bridgeport Energy (Eromanga) Pty Ltd (2%), Bounty Oil and Gas NL (2%) and Energy World Corp subsidiary Australian Gasfields Ltd (2%).
Santos Ltd was awarded production licence PL 1026, located in the Cooper-Eromanga Basin,