Conoco’s Browse Basin Drilling to Begin in February Next Year

Karoon Gas Australia has said that the “Transocean Legend” drilling rig is nearing completion of maintenance prior to the commencement of a firm drilling programme comprising five wells with an option for three additional wells in Karoon/ConocoPhillips Browse Basin permits.

The drilling campaign is now expected to stard in early-February 2012 when the “Transocean Legend” drilling rig is mobilised by the Karoon/ConocoPhillips Joint Venture to the Boreas-1 exploration well location in WA-315-P.

ConocoPhillips is the operator of the jointly held WA-314-P, WA-315-P and WA-398-P Browse Basin permits containing the previously announced Poseidon and Kronos gas discoveries.