The company has been informed of a successful drilling result and oil discovery at the Burnett 2B well in California, following on from the successful Burnett 2A well result announced on 11 March 2019.
The aim of partnership is to enable GA Drilling to successfully deliver its first commercial application for Oil & Gas industry.
The Company also provides an update on the repayment of funds owed to AAOG by Société Nationale des Pétroles du Congo ('SNPC'), the Congolese national oil company.