EXPLORATION

Stuart ups Oliver resource, in talks with potential farminees

STUART Petroleum believes its Oliver field in the Timor Sea is becoming one of Australia's most attractive offshore petroleum developments after a reservoir modelling study delivered a 68% increase to the recoverable liquids estimate.

Stuart ups Oliver resource, in talks with potential farminees

The company said the study found the mean estimated volume of hydrocarbon liquids recoverable from the field had increased from previous estimates of 19.3 million barrels to 32.6MMbbl recoverable. "Today's...

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