Project Profile
Location: Southern Bonaparte Basin, offshore Western Australia
Area: 4,310 km²
Start-up Year: -
The permit was granted by the Designated Authority on 1 September 2009 and comprises 52 graticular blocks (approximately 4,310 km² or 1,065,025 acres) located in the Southern Bonaparte Basin, offshore Western Australia. The WA-440-P permit is located immediately east of the Blacktip Gas development and the Turtle/Barnett oil accumulations. The area of main interest in the permit is in the trend between the Lesueur-1 and Cambridge-1 wells where oil shows were encountered. The WA-440-P permit is in year 2 of its initial term where the work program obligations are to collect data and conduct geotechnical studies, followed by an obligation to complete a new 2D seismic survey in year 3.
Operators:
Octanex Group: Operator with 100% interest