Energy Industry
Industry: Email Alert RSS FeedWestern Australia offers new North West Shelf acreage
World Oil, Dec, 2001
The Western Australian government expects competitive bids for three prime exploration blocks in state waters of the North West Shelf. The Department of Mineral and Petroleum Resources (MPR) formally released the blocks during its Petroleum Open Day in Perth. Two of the three blocks are west of Dampier, and one is near Western Australia's largest oil field, Barrow Island.
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All three blocks are close to existing discoveries and infrastructure, which enhances their development potential. Seismic data from previous surveys are available through MPR. Successful applicants will be chosen via work program bidding, and announced next year. Bids close Feb. 28, 2002.
COPYRIGHT 2001 Euromoney Institutional Investor PLC. Internal use only 10 copy limit. No further use w/o permission. Publisher@euromoneyplc.com.
COPYRIGHT 2008 Gale, Cengage Learning
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