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Inpex, Santos get approval to explore Permit WA-502-P Offshore WA


Published May 20, 2014
Inpex Corporation-2

Inpex Corporation (Inpex ) reported that its subsidiary, Inpex Browse E&P Pty Ltd (Inpex Browse), has been granted Release Area WA-502-P (the Block) as an exploration permit following the 2013 Australian Offshore Petroleum Acreage Release.

Inpex Browse will hold a 40 percent participating interest in the Block while Santos will hold a 60 percent participating interest as an operator.

The Block will constitute Inpex’s 10th exploration permit close to the Ichthys gas-condensate field where Inpex group companies conduct its development as an operator (the Ichthys LNG Project).

Tags: Inpex Corporation




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