AUSTRALIA

Oil Basins sings for its supper

OIL Basins chief executive Neil Doyle has put on a brave face after the East Blina-1 well in the Canning Basin failed to bring up any hydrocarbons, telling the market the Backreef joint venture well provided "valuable information".

James McGrath

Yesterday it reported there were no hydrocarbon shows from the targeted Yellow Drum dolomite, although shows were evident in the Laurel formation. Today it said analysis of wireline logs confirmed that...

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