Page 7 - Oil&Gas-AustralAsia-2015-Issue-2
P. 7
A USTRALIA
Apache Energy will exit the Western Aus-
tralian North West Shelf (Varanus Island
pictured) to focus on the North American
market. Image courtesy of Apache Energy
exploration potential and expansion of our Bedout Sub Basin project is one of most importantly – we are well funded
the play fairway. the best oil exploration opportunities to take advantage of this opportunity,”
“The volumetric estimates announced in the North West Shelf, with proven, Mr Cook said.
in late April provided some much-need- high-quality oil discoveries within large In a statement the Macquarie Capital
ed guidance on the range of potential acreage blocks in shallow water depths, and Brookfield consortium said they
recoverable oil resources. Right now close to infrastructure and in a stable, would continue to invest in the domes-
low sovereign risk jurisdiction – and tic gas market in WA. ~continued on page 6
Buschutz
ENGINEERING PTY LTD
Eudunda, South Australia | Phone: (08) 8561 1073
email: buschutz@buschutz.com.au | www.buschutz.com.au
PROUDLY FABRICATING AUSTRALIA
FULL RANGE OF
STAINLESS STEEL
www.oilandgasaustralasia.com A AMAY/JUNE 2015 OIL & GAS ustral SIA 05
Apache Energy will exit the Western Aus-
tralian North West Shelf (Varanus Island
pictured) to focus on the North American
market. Image courtesy of Apache Energy
exploration potential and expansion of our Bedout Sub Basin project is one of most importantly – we are well funded
the play fairway. the best oil exploration opportunities to take advantage of this opportunity,”
“The volumetric estimates announced in the North West Shelf, with proven, Mr Cook said.
in late April provided some much-need- high-quality oil discoveries within large In a statement the Macquarie Capital
ed guidance on the range of potential acreage blocks in shallow water depths, and Brookfield consortium said they
recoverable oil resources. Right now close to infrastructure and in a stable, would continue to invest in the domes-
low sovereign risk jurisdiction – and tic gas market in WA. ~continued on page 6
Buschutz
ENGINEERING PTY LTD
Eudunda, South Australia | Phone: (08) 8561 1073
email: buschutz@buschutz.com.au | www.buschutz.com.au
PROUDLY FABRICATING AUSTRALIA
FULL RANGE OF
STAINLESS STEEL
www.oilandgasaustralasia.com A AMAY/JUNE 2015 OIL & GAS ustral SIA 05
