https://www.copyright link/companies/energy/explorers-sharpen-drill-bit-after-wa-letdown-20210107-p56saj
Santos builds on momentumIn WA, Santos is building on momentum at its proposed $US2 billion Dorado oil project, bringing forward two wells targeting resources that could be connected into the facility. The Apus and Pavo wells are to be drilled ahead of a final investment decision on the first phase of Dorado, involving only liquids, which has been deferred from 2021 into the June half of 2022.
Further north, hopes are building that Melbana will drill its large Beehive prospect in the southern Timor Sea south-west of Darwin late this year, with the junior understood to be close to a deal with a funding partner. Beehive could hold up to 1.6 billion barrels of oil.
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