Nexus offered Crux liquids project license

The Delegate of the Joint Authority of the Offshore Area of the External Territory of Ashmore and Cartier Islands has offered Nexus Energy a production license designated AC/L9 in relation to the Crux liquids project in the Browse basin, offshore Western Australia.

Offshore staff

MELBOURNE -- The Delegate of the Joint Authority of the Offshore Area of the External Territory of Ashmore and Cartier Islands has offered Nexus Energy a production license designated AC/L9 in relation to the Crux liquids project in the Browse basin, offshore Western Australia.

The license would have an indefinite term and apply to the entire area previously defined by the AC/P23 exploration permit covering the Crux field and the Auriga and Caelum structures. The award of the production license is the final regulatory approval milestone to permit sanction of the Crux liquids project.

02/05/2009

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