Chevron Buys Share in Exploration Blocks Off Australia

Chevron Australia announced it has acquired exploration interest in two offshore blocks located in the Bight Basin, a deepwater frontier basin.

Blocks S12-2 and S12-3, which span more than 32,000 square kilometres (eight million acres), are located approximately 443 kilometres (275 miles) west of Port Lincoln off the South Australian coast. Chevron Australia is the operator with a 100 percent interest.

Melody Meyer, president Chevron Asia Pacific Exploration and Production said, “The acquisition of blocks S12-2 and S12-3 demonstrates Chevron’s continued focus on pursuing high-impact exploration opportunities to expand its resource base and reinforces the importance of Australia to Chevron’s global growth strategy.”

Chevron Australia Managing Director Roy Krzywosinski added, “We are extremely pleased to be awarded the S12-2 and S12-3 offshore blocks located in the Bight Basin. The Bight Basin is similar in size to the Gulf of Mexico and these two blocks contain significant exploration potential.”

LNG World News Staff, October 23, 2013; Image: Chevron

Share this article

Follow LNG World News

Events>

<< Feb 2020 >>
MTWTFSS
27 28 29 30 31 1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 1

Flame 2020

Flame is Europe’s largest and most influential meeting place for the global gas industry.

read more >

LNG Pricing, Trading & Hedging: 3-Day Training Course – London / Mar 2020

This three-day training program provides a unique opportunity to learn and apply the practical skills…

read more >

3rd CWC Japan LNG & Gas Summit

As the only commercially focused forum for the Japanese LNG industry

read more >

Cryogenic Storage Tanks

The program committee looks forward to having the opportunity for intensive, objective and professional…

read more >