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BPH Energy Limited (ASX:BPH) PEP11 Update    PEP11 UpdatePerth, April 8, 2021 AEST (ABN Newswire) - BPH Energy Limited s ( ASX:BPH) wishes to advise it has now received a Basis of Well Design Report for the Baleen well in in offshore license PEP11. Advent Energy Ltd (Advent) is the operator of the permit through its wholly owned subsidiary, Asset Energy Pty Ltd, in Joint Venture (85%) with Bounty (15%) ( ASX:BUY) On 8th March 2021 BPH advised that it had appointed a Drilling Manager under the Preliminary Well Services Agreement with Add Energy relating to the preparation for drilling of the Baleen well to undertake a phased approach to provide technical support in the following areas: -

Western australiaNew south walesEnergy limitedAsset energy pty ltdServices agreementSwinburne university of technologyAustralian securities exchangeAdvent energy ltdHarry perkins institute for medical researchWell design reportEnergy ltdJoint ventureDrilling managerPreliminary well services agreementMadd energyDwell design