Santos awarded acreage adjoining Caldita gas discovery
Posted: 2 November 2005
Santos Limited reported it has been awarded exploration permit NT/P69, located in the Timor Sea adjacent to exploration permit NT/P61 which contains the recent Caldita gas discovery.
Exploration permit NT/P69 is in the Bonaparte Basin offshore Northern Territory , approximately 310 kilometres north-northwest of Darwin, and contains the previously discovered Lynedoch gas resource.
“This additional exploration acreage further enhances Santos’ position in the emerging northern Australian LNG province,” Santos Managing Director, Mr John Ellice-Flint, said today.
“The new permit is of particular interest in light of the recent Caldita gas discovery in the adjoining block,” he said
Both the NT/P69 and NT/P61 permits are jointly held by a wholly-owned Santos subsidiary, Santos Offshore Pty Ltd (40 per cent), and an affiliate of ConocoPhillips (60 per cent and operator).
For more information see www.santos.com
Posted by Richard Price, Editor, EnergyME.com
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