answering myself here but....
Local firm Karoon Gas and US major ConocoPhillips were last month carrying out a drill-stem test on the Kronos-1 exploration well, in permit WA-398-P, in the Browse basin, offshore Western Australia. A full assessment of the resource potential in the area will come in the next few months. Exploration and appraisal drilling will resume in 2011.
from: http://www.petroleum-economist.com/default.asp?page=14&PubID=46&ISS=25616&SID=725927
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