IPB gets program variation approval for offshore Australia

April 24, 2015
IPB Petroleum has reached the secondary term of its WA-424-P exploration permit offshore Australia in the Browse basin, receiving approval for a variation on the work program.

Offshore staff

HAMPTON, Australia – IPB Petroleum has reached the secondary term of its WA-424-P exploration permit offshore Australia in the Browse basin, receiving approval for a variation on the work program.

The revision includes seismic reprocessing and inversion analysis to be followed by an exploration well. IPB says it intends to drill a well on the Idris prospect ahead of the 2018 permit end date.

04/24/2015