IPB gets program variation approval for offshore Australia

Offshore staff

HAMPTON, Australia – IPB Petroleum has reached the secondary term of its WA-424-P exploration permit offshore Australia in the Browse basin, receiving approval for a variation on the work program.

The revision includes seismic reprocessing and inversion analysis to be followed by an exploration well. IPB says it intends to drill a well on the Idris prospect ahead of the 2018 permit end date.

04/24/2015

WA-424-P exploration permit offshore Australia
(Map courtesy IPB Petroleum)

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