Project Profile
Location: Otway Basin, offshore Melbourne
Gas reserves: 1.2 million barrels of condensate
Start-up Year: -
The prospect contains the La Bella gas field, plus a 2C contingent resource of 158 PJ gas and 1.2 million barrels of condensate. WHL Energy identified and targeted VIC/P67 on the back of its known reserves and upside potential. The La Bella prospects had only been lightly explored, thereby offering scope for the permit\'s broader exploration potential.
Operator:
WHL Energy: Operator with 30% interest
- WHL Energy sold assets to Austral Exploration in November 2016
Tap Oil: 10% interest (exit in 2015)
Peedamullah Petroleum (AWE Limited): 60% interest (exit in 2015)
Contractors:
CGG: Contract to deliver \'La Bella\' seismic volume report