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An in principle decision on the development of the Cliff Head Oil Field will be taken in September 2003 and the FEED contract is expected to be awarded in October 2003.
Once the successful tenderer has been appointed, the FEED study is expected to take approximately four months.
Discovered at the end of 2001, the Cliff Head Oil Field was successfully appraised during the following 14 months by three wells, two of which cored the reservoir and one of which conducted a production test that flowed at stabilised rates up to 3,000 BOPD, constrained by surface facilities.
The WA-286-P Joint Venture comprises Roc Oil (WA) (operator) 37.5%, AWE Oil (Western Australia) 27.5%, Wandoo Petroleum 25%, Voyager Energy 5%, Westranch Holdings (a subsidiary of Norwest Energy NL) 5%.
