Carnarvon Wins Exploration Rights Offshore Australia
Carnarvon Limited was awarded a new exploration permit, WA-443-P in the Bedout sub basin offshore Western Australia. The new permit is located adjacent to Carnarvon's four existing permits, WA-435-P, WA-436-P, WA-437-P and WA-438-P, which are referred to as the Phoenix permits. Drilling has not been performed on the WA-443-P block, although one large Middle Triassic prospect was identified, named Jaubert, which is a faulted anticlinal closure. The company's three-year work program includes reprocessing and interpreting 345,948 acres (1,400 square kilometers) of existing 2D seismic. Geological and geophysical studies will also be performed.SubseaIQ provides focused, in-depth coverage of offshore field development activities around the world, with daily updates on hundreds of offshore fields and facilities. Click here to sign up for the free weekly email newsletter.
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