July 17 (Reuters) - Bounty Oil and Gas NL BUY.AX :
* PETROLEUM LEASE 441 DOWNLANDS IN SURAT BASIN RENEWED BY DEPARTMENT OF NATURAL RESOURCES, MINES AND ENERGY
* CO WILL RE-ESTABLISH GAS PRODUCTION FROM DOWNLANDS
July 17 (Reuters) - Bounty Oil and Gas NL BUY.AX :
* PETROLEUM LEASE 441 DOWNLANDS IN SURAT BASIN RENEWED BY DEPARTMENT OF NATURAL RESOURCES, MINES AND ENERGY
* CO WILL RE-ESTABLISH GAS PRODUCTION FROM DOWNLANDS