EXPLORATION

Giant 4-way closure revealed in Bight

A GLOBAL petroleum conference in Melbourne this week has revealed why BP and its joint venture partner Statoil are so upbeat about their ground-breaking exploration program in the Great Australian Bight.

BP last year said it rated the Bight as one of its top five exploration opportunities worldwide. Seismic results released at the American Association of Petroleum Geologists annual conference, showing...

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