Exoma Energy has signed Ausdrill to provide a drill rig and drilling services at its Galilee natural gas joint venture in Queensland, in a deal worth $13 million.
Exoma Energy has moved a step closer to its acquisition of the Galilee gas project in Queensland, where it plans to spend $47 million on a four-year exploration program.
Exoma Energy shares have skyrocketed as much as 240 per cent after the Nedlands-based company signed a conditional deal to acquire the Galilee gas project in Queensland.