FOUR TRACTS ACQUIRED OFF W. AUSTRALIA
Western Australia has awarded four 6 year offshore exploration permits in the Carnarvon basin. All are in the Rowley Shoals area off Dampier. Phillips Australian Oil Co. and Ampolex Ltd. won Block W92-6 in water depths of about 650 ft. The companies propose to acquire 3,550 line km of seismic data and drill two wells at an estimated cost of $16.6 million.