Santos farms into Carnarvon Winchester prospect

Santos has acquired 75% interest in Carnarvon basin permits WA-323-P and WA-330-P offshore Western Australia, from Octanex N.L.

Offshore staff

ADELAIDE, Australia – Santos has acquired 75% interest in Carnarvon basin permits WA-323-P and WA-330-P offshore Western Australia, from Octanex N.L.

“Under the arrangement with Octanex we have three years in which to drill a well, but we interpret Winchester as a robust prospect so we are considering bringing that forward, possibly by the end of next year,” said John Anderson, Santos VP WA & NT.

The blocks contain the Winchester prospect with geology similar to that of the Zola gas discovery.

06/13/2011

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