Bass gas in Exxon’s frame due to onshore constraint

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.

CORPORATES
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

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s