One-Page Deal Sheet
Rawson to Pick Up Lease in Australia's Killanoola Oil Field
Rawson Resources Ltd. Adelaide Energy Ltd., Beach Energy Limited
Announced Date
March 05,2014
Transaction Type
Property
Enterprise Value (EV)($MM)
1
Asset/Basin:
{"Otway Basin"}
Location
Region
Austral-Asia
Country
Australia
Transaction Details: Subscribe to see
Rawson Resources Limited has signed a Sales Purchase Agreement (SPA) with Adelaide Energy Pty Ltd (subsidiary of Beach Energy Limited) to purchase 100% of the PRL13, which includes the Killanoola Oil Field, in the western Otway Basin, South Australia.
The total consideration of $600,000 includes the permit & mining information and production equipment. The equipment includes the existing production equipment at the Killanoola-1 DW-1 well site comprising a 1,000 barrel storage tank, rod pump and down-hole rod string. The purchase is conditional on regulatory approval.
The Killanoola Oil Field…
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