Exploration/Development Briefs

06/24/2013
Australia Inpex Browse Ltd. has been awarded a 305 sq km block southeast of giant Ichthys gas-condensate field and Prelude and Concerto gas fields offshore Western Australia. The WA-494-P permit is in 190-250 m of water 400 km north-northwest of Broome. Inpex is operator with 100% participating interest. Magellan Petroleum Corp., Denver, plans to offer for farmout part of its interest in the NT/P82 exploration permit in the Bonaparte basin offshore Western Australia later this year. The company is processing 3D and 2D seismic shot on the block, which lies in 55-400 ft of water 160 miles northwest of Darwin (OGJ Online, Nov. 1, 2012). Magellan is in the final stages of processing the seism...
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