Project Profile
Value: Undisclosed
Location: Canning Basin, onshore Lennard Shelf, Western Australia
Area: unknown
Reserves: unknown
Start-up Year: -
Petroleum Retention Lease R1 is located in the Canning Basin, onshore Lennard Shelf of Western Australia. . Joint venture partners are Gulliver Productions Pty Ltd, a subsidiary of Key Petroleum Limited (Operator), Pancontinental Oil and Gas NL, Far Limited and Indigo Oil Pty Ltd. Petroleum. Retention Lease R1 was renewed by the Minister of Mines and Petroleum of Western Australia for a period of five years from 8 November 2010. There hasn’t been a reserves estimation studies for this project yet.
Operators:
Gulliver Productions Pty Ltd (subsidiary of Key Petroleum Limited): Operator with 65.23% interest
Pancontinental Oil and Gas NL: 11.11% interest
Far Limited: 8.89% interest
Indigo Oil Pty Ltd: 14.77% interest