Subaico-based Salinas Energy Ltd has acquired a 50 per cent interest and operatorship of the Paris Valley oil field in the Salinas Basin, located in California's Monterey County, the company has announced.

Subaico-based Salinas Energy Ltd has acquired a 50 per cent interest and operatorship of the Paris Valley oil field in the Salinas Basin, located in California's Monterey County, the company has announced.