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EXPLORATION

Upside hopes for Xanadu

PERTH Basin’s Xanadu project may exceed expectations as operator Norwest Energy and partner Whitebark Energy suggest evidence of additional potential in “down” structure volumes.

Helen Clark
Xanadu-1.

Xanadu-1.

The joint venture will start defining the size of the Xanadu-1 discovery in the first half of next year, but the downs structure discovery in addition to the up-dip augurs well for possibly larger reserves. ...

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