EXPLORATION

Xanadu project on move again

AFTER a lengthy quiet period the joint venture partners Triangle Energy and Norwest Energy have been granted approval by the state regulator to acquire 40sq.km of 3D seismic of their nearshore Xanadu oil prospect in the Perth Basin.

 Image obtained: Norwest

Image obtained: Norwest

  It was once the new darling of the Perth Basin, but the project has languished since its September 2017 spud, being tied up over backlogs in testing laboratories and slowed approvals from the state...

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