Inpex awarded offshore Canning basin permit

March 20, 2018
Japanese combine Inpex Corp. was awarded an exploration permit in the Canning basin offshore northwest Western Australia as part of the federal government’s 2017 offshore petroleum acreage release.

Japanese combine Inpex Corp. was awarded an exploration permit in the Canning basin offshore northwest Western Australia as part of the federal government’s 2017 offshore petroleum acreage release.

The company will take 100% interest in the block, designated WA-533-P, which covers an area of 12,400 sq km and lies in 50-600 m of water.

The block lies west of Broome nearby the recent Phoenix South and Roc discoveries and brings Inpex’s offshore permit tally in Australia to 22.

The company won exploration permit WA-532-P in the Browse basin just south of the company’s Ichthys gas-condensate field last November in the 2016 acreage release. It also holds this area with 100% interest.