Original article by Matt Chambers
The Australian – Page: 20 : 3-Oct-17
The rising price of gas on Australia’s east coast and restrictions on onshore production has prompted renewed exploration activity in Bass Strait. ExxonMobil, Origin Energy and Cooper Energy intend to undertake new drilling programs. ExxonMobil will drill two deepwater wells in the Dory prospect in the offshore Gippsland Basin. The company has previously warned that production at the Longford gas plant will fall in 2018 as its current output is not sustainable.
EXXONMOBIL CORPORATION, ORIGIN ENERGY LIMITED – ASX ORG, COOPER ENERGY LIMITED – ASX COE, BHP BILLITON LIMITED – ASX BHP, AUSTRALIAN ENERGY MARKET OPERATOR LIMITED, GOLDMAN SACHS AUSTRALIA PTY LTD, LIBERTY PETROLEUM