Beetaloo Energy has reported significant gas flows during the clean-up of its Carpentaria-5H well, following successful hydraulic stimulation as it prepares for a critical IP30 flow test in the Beetaloo Basin, which holds a contingent resource of 1.6 trillion cubic feet of gas. The company aims to establish long-term production capabilities and has secured a gas supply agreement with the Northern Territory Government.
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Murdochs reach deal to resolve succession fight
Lachlan Murdoch has secured a $3.3 billion deal to control the family's media empire, ensuring it remains conservative post-Rupert Murdoch's death, while his siblings receive $1.1 billion each for their shares. This agreement resolves ongoing litigation over the family trust and establishes a new trust that guarantees Lachlan's leadership until at least 2050. Want More Context? 🔎
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