October 2022
Supernova Energy was awarded a two-year extension to Stage 2 of the JVA on Block 7B, Garoupa.
The extension has been fully ratified and gazetted. Stage 3 of the Licence term, which will include a drilling commitment, is now scheduled to begin October 2024.
Supernova Energy was awarded a two-year extension to Stage 1 of the JVA for Block 7C, Cor Cor.
The extension has been fully ratified and gazetted. Block 7C Stage 2 (3D seismic stage) is now scheduled to begin October 2024. The initial 2D commitment for the first two years has been completed.