LAND WELLS MAY PUSH AUSTRALIAN WILDCATTING TO 3 YEAR HIGH

Australian exploratory drilling may be heading for its highest level in 3 years, says the Bureau of Mineral Resources, Geology & Geophysics, Canberra. Current trends suggest that operators will drill more exploratory wells this year than the 177 they drilled last year, said Dr. Paul Williamson, assistant director, petroleum. Extremely strong onshore activity is making up for a weak exploratory drilling level offshore. Operators drilled 60 land exploratory wells through June 1991, compared with

Aug 12th, 1991
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