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New Standard Energy

Description

New Standard Energy was formed in 1995 to establish a portfolio of oil and gas exploration assets in the onshore Canning Basin at which time a Special Prospecting Authority (SPA) with an acreage option was taken out over a substantial portion of the most geologically prospective parts of the Canning Basin. The acreage area was further refined following desktop analysis to focus primarily on the sub-salt petroleum system in the Kidson Sub-Basin of the Canning.

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