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DRILLING

Nexus to keep drill bit spinning

NEXUS Energy will kick off its two-well exploration drilling campaign in AC/P41 of the Browse Basin, Western Australia, in the December quarter and plans to drill one well in the Gippsland Basin permit VIC/P49 in the next 12-18 months.

Marija Stojkovic
Nexus to keep drill bit spinning

The company said it has secured the Ocean Epoch semi-submersible drilling rig to drill the Libra prospect in AC/P41 in the fourth quarter of 2008. The target is a most likely gross resource estimate of...

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