Advent has agreed to the sale of a 90% stake in its subsidiary Onshore Energy, sole holder of EP 386 + RL 1, total 2,722 sq km onshore in the Bonaparte Basin, to an unnamed buyer. Onshore Energy will drill at least 1 explo well and shoot min. 50km 2D seismic data by EP 386 expiry in Mar â20.
Bonaparte Petroleum has acquired a 90% share in Onshore Energy (OE) subsidiary of Advent Energy which holds a 100% interest in EP386 and RL1.