epp 27

I do not know if anyone has seen this, looks important to me?
Could not find a date or any other references to it.
Although maybe 17/12/05 when you look at directory?
http://www.videoconinternational.com/oil-gas/prospective-blocks-abroad/
****************************
http://www.videoconinternational.com/oil-gas/prospective-blocks-abroad/australia/index.php
****************************
Australia

MoU entered into with Australian company to jointly bid for blocks in India, Australia and other countries in the world.
To participate with Australian company in prospect EPP-27 exploration block in the Otway Basin of Southern Australia.
Videocon will be looking at a 30% participating interest.
Videocon to invest in the Australian company’s equity share between A$ 3 million to A$ 4 million.
Where 8 prospects with prognosticated natural gas reserves of 8.5 tc ft in 80 mtrs of water, at a depth of 3,000 mtrs.

Australia EPP 27 History

What Woodside Found
39 gas leads and prospects and one oil lead identified from initial AVO analysis.
Largest prospect is the Cobana Prospect 3.4 TCF.
24 leads and prospects are 50 BCF or larger.
Total gas identified is 8.5 TCF.
Gas chimneys extending to the sea floor, indicating that hydrocarbon migration is continuing.
Woodside's Main Leads and prospects
Rico Lead of 1.5 TCF in 1,200 metres water depth.
Havana East Prospect of 268 BCF in 80 metres in 80 metres water depth.
Cobana Prospect of 3.4 TCF at 3,000 metres in 80 metres water depth.
A multitude of other amplitude anomalies indicating gas in reservoir sands.
Woodside Analysis of EPP 27
Woodside approached EPP 27 as a gas exploration exercise.
Woodside downgraded the Cobana Prospect and the Rico Lead before exiting the permit.