Aussie Crux E&P JV

摘要

Australia's Nexus Energy has agreed to form a new joint venture with major Shell and Japan's Osaka Gas to accelerate the exploration and development of the Crux gas and condensate field in the AC/L9 permit offshore Western Australia. The signing of the consolidation agreements between the companies will leave Nexus with a 17% stake in AC/L9, while Shell will become operator with 70% and Osaka will hold the remaining 3%.