Project Profile
Location: 240km south of Dili, 500 km northwest of Darwin, Australia
Area: 662 km2
Water Depth: 100 - 500m
Licence award: October 2013
Start-up Year: -
INPEX signed a new Production Sharing Contract for the JPDA 11-106 contract area of the Joint Petroleum Development Area (JPDA), which is jointly administered by the Democratic Republic of Timor-Leste and the Commonwealth of Australia, with Eni and Timor-Leste NOC, through its wholly owned subsidiary, TIMOR GAP.
The Contract Area is located approximately 240km south of Dili, the capital of Timor-Leste, and 500 km northwest of Darwin, Australia. The Contract Area covers 662km2 with a water depth ranging from 100m to 500m.
Operators:
Eni: Operator with 40.53% interest
TIMOR GAP: 24.00% interest
INPEX Offshore Timor-Leste, Ltd.: 35.47% interest