Project Profile
Value: US$26.69 million (exploratory work program)
Location: 250km north-northeast of Port Hedland, Australia
Area: 500km 2D reprocessing and 70km2 3D seismic survey
Start-up Year: -
WA-487-P (released as W11-6) located approximately 250km north-northeast of Port Hedland and 150km west of Broome has been awarded to Pathfinder Energy Pty Ltd who will be the operator with 100% interest. The company proposed a guaranteed work program of mapping and interpreting existing 2D and 3D data; 500km 2D reprocessing; 70km2 3D seismic survey and seismic reprocessing, all to an estimated value of US$3.34 million. The secondary work program consists determining a well location and one exploration well to an estimated value of US$23.35 million. There were no other bids for this area.
Operators:
Pathfinder Energy Pty Ltd: Operator with 100% interest