Original article by Matt Chambers
The Australian – Page: 17 & 18 : 26-Apr-16

Wood Mackenzie has estimated that the Great Australian Bight could yield about 1.9 billion barrels of oil equivalent. However, Andrew Harwood of Wood Mackenzie notes that the downturn in the crude oil price has prompted many resources groups to shun frontier drilling. Nevertheless, BP and Chevron are among the oil producers that are seeking to undertake exploration programs in the Great Australian Bight.

CORPORATES
WOOD MACKENZIE, BP PLC, CHEVRON CORPORATION, SANTOS LIMITED – ASX STO, STATOIL AS, BHP BILLITON LIMITED – ASX BHP, WOODSIDE PETROLEUM LIMITED – ASX WPL, GREENPEACE, CONSERVATION COUNCIL OF SOUTH AUSTRALIA INCORPORATED, INTERNATIONAL FUND FOR ANIMAL WELFARE, THE WILDERNESS SOCIETY