Sydney-based Novus Petroleum has announced the second well in its Padre Island drilling program, ...
It follows on from the success of La Playa-1 and the company has particularly high expectations for Murdock after modern 3D seismic indicated the structure could contain significant gas reserves.
Participants in the Murdock-1 well include Novus (40%), BNP Petroleum Corporation (operator-30%), Mitsui Oil Exploration Co (20%) and Golden Gate Resources (10%).
ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive
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