Woodside finds gas in Xeres

Woodside has discovered more gas in the Pluto area of the Carnarvon basin off Western Australia.

Offshore staff

PERTH, Australia -- Woodside has discovered more gas in the Pluto area of the Carnarvon basin off Western Australia.

Its Xeres-1 well intersected around 51 m (167 ft) of gross gas in the Triassic target. The location is 12 km southeast of the Pluto-1 discovery in license WA-34-L.

The discovery has been confirmed by wireline logging, including the establishment of a gas pressure gradient and recovery of gas samples to surface.

Woodside has a 100% interest in Xeres-1. However, its joint venture participants in WA-34-L, Tokyo Gas and Kansai Electric, each have the right to acquire a 5% equity interest in the well.

05/23/2011

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