Snatcher-2 was a successful test of the oil bearing potential of the Snatcher Prospect adjacent to the Santos Limited operated Charo field in PPL 177. The PPL 177 licence is wholly contained within PEL 111.
The participants in the drilling of Snatcher-2, Tigercat-1, PEL 111 and PEL 104 and their respective interests through their wholly owned subsidiaries are as follows; Victoria Petroleum (operator) 40%, Impress Energy Limited 40%
Permian Oil Pty Ltd. 20%.
