Coastal has taken over full rights to blocks TP/27, EP 475, 490 + 491 (aka Cerberus blocks) from Tanami Energy (Skye Energy Ventures sub) retro-effective 7 Sep '19 for AUD 1.2 MM. Cerberus totals 3,832 sq km on the Enderby Terrace + Peedamullah Shelf, N. Carnarvon Basin. Coastal is now looking to farmout to complete the remaining work programmes â 7 wells are required before the permits expire.
Coastal has taken over full rights to blocks TP/27, EP 475, 490 + 491 (aka Cerberus blocks) from Skye Energy Ventures for AUD 1.2 MM, Cerberus totals 3,832 sq km on the Enderby Terrace + Peedamullah.