INPEX awarded exploration block offshore northwest Australia
TOKYO – INPEX has secured a new exploration permit in the offshore Bonaparte basin under Australia’s 2018 Offshore Petroleum Exploration Acreage Release.
The AC/P66 block on the North West Shelf covers an area of 3,460 sq km (1,336 sq mi), in water depths of 60-500 m (187-1,640 ft).
It is close to various developed oil fields including Laminaria, in an area thought to be prospective for further discoveries.
INPEX will hold a 100% interest in the block.