Baraka,
Thanks for that. Relevant bits below. Always good to remind some on here.
"Another area where we've got appraisal work planned
for 2014 is in northwestern Australia in the vicinity of our existing Darwin LNG plant. The Greater Poseidon
Complex, where we have a 40% working interest and we are the operator, was discovered back in 2009. We now have six successful wells in this Greater Poseidon area
and most of those wells have found very high-quality reservoir rock in the Jurassic Plover formation but one of those wells in addition to the Plover has also found high-
quality rock in the Montara formation, which is also Jurassic age but
a little bit younger.
So we have two additional wells planned this year to continue this work in the Greater Poseidon area. And that should give us additional insights into how we want to
move forward with additional development planning for that Poseidon area. You can see where it sits on a map in relation to the Darwin LNG plant."
"We are fortunate to have these gas discoveries in the vicinity of our Darwin plant. You can see that Darwin is fed by the Bayu-Undan Field today. And as we look out
into the future and the eventual decline of the Bayu-Undan Field, we are trying to get ourselves ready to make sure that we are going to keep the Darwin LNG plant full
and also that--to be able to consider adding additional train or trains at Darwin is another possibility depending on how much gas we end up finding at the end of our appraisal program."
Cheers,
Stevo
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