Molopo Australia has said it is planning to drill three coal bed methane (CBM) production test wells at its Queensland Bowen Basin project in the September quarter.
Two wells will be drilled at the Mungi prospect and one at the Harcourt prospect. Both prospects were production tested in 2001.
Molopo's share of expenditure will be carried by Helm Hydrocarbons as part of a sale agreement announced to the ASX in early April. The wells will enable the two prospects to be evaluated for development which, depending on results, could commence in late 2002 or early 2003.
ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive
ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.
ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.
This industry-wide report aims to understand current cost levels across the energy industry
Copyright © 2000-2024 Aspermont Ltd. All rights reserved. Aspermont Limited (ABN 66 000 375 048), PO Box 78, Leederville, Western Australia 6902
