| Chevron Announces Further Natural Gas Discovery Offshore Australia |
|
20/01/2012 04:43 (131 Day 09:57 minutes ago) | |||||
|
The FINANCIAL -- Chevron announced a natural gas discovery by its Australian subsidiary in the Exmouth Plateau area of the Carnarvon Basin, offshore Western Australia,according to Chevron.
The Satyr-3 well encountered approximately 243 feet (74 meters) of net gas pay. The well is located 113 miles (182 kilometers) north of Exmouth in the WA-374-P permit area, and was drilled in 3,688 feet (1,124 meters) of water to a depth of 13,369 feet (4,075 meters).
Chevron's Australian subsidiary is the operator of the WA-374-P permit area and holds a 50 percent interest, with Exxon Mobil and Shell each holding 25 percent.
|
|
|
