KUFPEC joins offshore Western Australia consortium
Offshore staff
SAFAT, Kuwait –Kuwait Foreign Petroleum Exploration Co. has won an exploration concession offshore Western Australia. Permit WA-481-P in the Perth basin covers 17,500 sq km (6,757 sq mi).
The block is held by KUFPEC Australia Pty Ltd. (30%), Samsung Oil & Gas Australia Pty Ltd. (30%), and operator Murphy Australia Oil Pty Ltd. (40%).
The minimum work program covers six years and includes seismic surveying, geologic and geophysical studies, and drilling activities.
9/5/2012