Bounty Oil & Gas NL reported that the PEP 11 Joint Venture operator a subsidiary of BPH Energy Limited (BPH) has now received a Basis of Well Design Report (Report) for the Baleen ­ 1 gas exploration well for offshore license PEP 11. Bounty has a 15% direct interest in PEP 11. On 8 March 2021 BPH advised that it had appointed Add Energy a major offshore service and drilling manager under a Preliminary Well Services Agreement relating to preparation for drilling of the Baleen well. The scope was to undertake a phased approach to providing technical support in the following areas: Review of current well design documentation. Develop a suitable well design and cost estimates. Develop drilling schedule and define a ready to drill tentative window. The scope included review of existing data and the latest geological prognoses for the well, documentation of the subsurface well design envelope and compilation of a preliminary well design, project costs and schedule to complete. The Report received from Add Energy documents the Basis of Well Design (BOWD) and rationale for design of the well, the well cost compilation and the project schedule.