Zeta Petroleum PLC (ASX:ZTA) has been granted a trading halt by the ASX, pending details of a potential oil and gas acquisition.
The halt will remain in place until the opening of trade on Friday 21st April 2017, or earlier if an announcement is made to the market.
Hurricane is now on-track for 'first oil' in the first half of 2019
The area being targeted by Rose is believed to have very significant potential – Paradox could contain as much as 1.1bn barrels of oil and 2.2tn cubic feet of gas.
Adrian Cook discussed the company's portfolio strategy at Proactive's CEO Sessions.