When this INPEX Exploration well happens it is effectively a...

When this INPEX Exploration well happens it is effectively a free drill for NXS's Echuca Shoals Mushmaker prospect (100%NXS)
NXS have flagged this activity in the recent Investor presentation and June 1/4 announcement, read the appraisal and exploration activities

The following is part of the INPEX submission.....
INPEX Browse Ltd/Exploration (mineral, oil and gas - marine)/Permit areas WA-341-P, AC-P36 and WA-343-P/Commonwealth Marine/Exploration Drilling Campaign Date Received: 11 Jun 2013 Reference Number: 2013/6898
1.8 Time frame
It is anticipated that drilling operations will commence in permit WA-341-P in the third quarter of 2013, with subsequent wells in permits AC/P 36 and WA-343-P to be drilled thereafter. The exact timing for completion of the works is dependent upon INPEX obtaining all approvals, MODU availability and analysis of geophysical data as it is collected.
The Project is expected to be completed within 12 months of commencement. Drilling of each well (including anchoring and well testing) is expected to take approximately 90 days to complete, depending on operational efficiencies and weather conditions. Approximately 23 days of active drilling at each well is anticipated (total of 70 days of active drilling for three wells). Operations will be conducted 24 hours per day.

Table 2: Coordinates of Provisional Well Locations

Permit = WA-341-P
Water Depth =183m
Latitude_= GD A94 -13.58194018
Longitude_= G DA94 123.8864928

Can be found as follows....
http://www.environment.gov.au/cgi-bin/epbc/epbc_ap.pl?name=current_referral_detail&proposal_id=6898

I am amazed that such a high impact drill has attracted no attention from all concerned with NXS fortunes ..very high reward if successful.

Regards ...

SharpE