Hydrocarbons race heats up in Indian Ocean, page-6

no to far from Palta where Shell was drilling last year.

Woodside Strikes Gas at Toro-1 Exploration Well in Permit WA-430-P Off WA -
http://www.rigzone.com/news/oil_gas..._in_Permit_WA430P_Off_WA#sthash.wC4tAGUw.dpuf
Woodside Petroleum Ltd. reported Wednesday that the Toro-1 exploration well in permit WA-430-P offshore Western Australia has intersected approximately 492 feet (150 meters) gross gas and 213 feet (65 meters) net gas within the Mungaroo Formation target. The well reached a total depth of 12,217 feet (3,724 meters), referenced from the rig rotary table. Following drilling, wireline logging has been conducted and confirmed the presence of a gas column through pressure measurements and gas sampling. The well will now be plugged and abandoned as planned. Toro is located in Western Australia’s Exmouth Sub-Basin and is within 13.6 miles (22 kilometers) of Woodside’s existing Ragnar-1A discovery. Woodside Executive Vice President Global Exploration Philip Loader said, “This successful exploration outcome builds Woodside’s gas volumes within the Exmouth Sub-Basin creating options for maximizing the value of our Australian assets.” Woodside is the operator and 70 percent equity owner of WA-430-P. Mitsui E&P Australia has the remaining 30 percent equity. -