Friday, 23 March 2007
OPERATORSHIP of a new deepwater frontier exploration block is up for grabs, according to Perth-based junior Eagle Bay Resources, which has just been awarded the rights to the offshore Gippsland Basin permit.
Location of Eagle Bay's deepwater Bass Strait permit
Eagle said it was awarded oil exploration permit V04-6 by the Victorian Government because it had exceeded its six-year work obligations in the 100%-owned permits VicP41 and VicP47.
V04-6, which is in water depths exceeding 1000m, is located about 80km southeast of the giant Kingfisher oil field, co-owned by Esso and BHP Billiton.
Eagle said the new permit contained significant leads, including the Blue Whale lead, defined by magnetics and seismic to be about the same aerial size as Kingfisher at the sub-Latrobe level, which has not previously been drilled in the basin.
"Most of the world's shallow water basins have been exhaustively explored for oil and it is the new deepwater frontier which offers the greatest prospect of new discoveries," executive chairman Anthony Rechner said.
Rechner added that Eagle Bay was offering operatorship of the permit in return for a company with "substantial deepwater drilling experience" that was willing to undertake a 400 square kilometre 3D seismic survey.![]()
- Forums
- ASX - By Stock
- eagle dives into deepwater bass strait
Friday, 23 March 2007OPERATORSHIP of a new deepwater frontier...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add EBR (ASX) to my watchlist
|
|||||
Last
$1.19 |
Change
0.020(1.72%) |
Mkt cap ! $365.1M |
Open | High | Low | Value | Volume |
$1.18 | $1.19 | $1.17 | $68.83K | 58.34K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2666 | $1.17 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.18 | 425 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2666 | 1.165 |
1 | 2566 | 1.155 |
2 | 18539 | 1.140 |
1 | 6394 | 1.135 |
2 | 6804 | 1.130 |
Price($) | Vol. | No. |
---|---|---|
1.180 | 5000 | 1 |
1.185 | 5510 | 1 |
1.190 | 48347 | 4 |
1.195 | 21622 | 1 |
1.200 | 140610 | 11 |
Last trade - 11.27am 19/08/2024 (20 minute delay) ? |
Featured News
EBR (ASX) Chart |