EXPLORATION

Oilex picking Timor Sea targets

OILEX is selecting the first two well locations at JPDA 06-103 in the Timor Sea from a shortlist of 10 potential drilling targets identified out of a portfolio of over 20 prospects and leads.

Each of the shortlisted prospects is being assessed in detail for technical risk and well locations are being resolved. Oilex added that four of these were located in water depths of less than 470m. ...

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