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INPEX granted exploration Block WA-494-P, offshore Western Australia


Published Jun 11, 2013
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Inpex final investment decision on Ravensworth dvelopment

Inpex Corporation announce that INPEX has been granted the Permit WA-494-P (the Block) at the Australian Offshore Petroleum Acreage Release 2012, through its subsidiary INPEX Browse Ltd.

The Block is located approximately 400km north-northeast of Broome, off the coast of Western Australia, and covers an area of 305km2 with a water depth of approximately 190m to 250m.

Adjacent to the Block, there are promising gas reserves discovered and under development, where INPEX operates the Ichthys gas-condensate field and Shell operates the Prelude and Concerto gas fields which envision a development under an FLNG concept. INPEX will hold a 100% participating interest in the Block and conduct the exploration activities as the operator.

Tags: Inpex Corporation




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