Project Profile
Value: Undisclosed
Location: Offshore Otway basin, southeastern Australia
Reserves: For T/32P - 1,200MMboe and for T/35P - 270MMboe
Area: 4 253 km²
Water Depth: 500m to 3,000m
Start-up Year: -
T/32P (Wolseley prospect) and T/35P (Brandt prospect) exploration permits are located in the offshore Otway basin in southeastern Australia and have a combined area of 4 253 km², in water depths ranging from 500m to 3,000m. Both permits have 3D seismic data coverage from which prospects have been defined. Significant exploration potential exists within the permits in the established play types given the geological setting. Perenco holds a 60% interest in the permits and is the operator as well. Mitsui holds the remaining 40%. Fort the T/32P work commitments for 3D Seismic survey are underway and the resource potential is estimated around 1,200MMboe. For the T/35P the work commitments for the Geochem survey has been completed and the resource potential is around 270MMboe.
Operators:
Perenco (SE) Australia Pty Ltd: Operator with 60% interest
Mitsui: 40% interest