Gas2Grid Limited (AU:GGX) has released an update.
Gas2Grid Limited is optimistic about its recent application for a new Petroleum Service Contract in Cebu, with no opposition during its public documentation opening and potential approval expected by year-end. The contract would allow a 7-year term to continue oil and gas exploration in a larger area than their previous contract. The company is also planning to re-engage with the Australian Securities Exchange for trading reinstatement post-approval and seeks new joint ventures while upgrading its drilling rigs in Cebu.
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