Oilex group to drill in Timor Sea JPDA

摘要

A group led by Oilex Ltd.,Perth,has identified 10 prospects as potential drilling targets on Block 06-103 in the northwest corner of the Joint Petroleum Development Area in the Timor Sea between Australia and Timor-Leste.Final prospect selection for the first two wells is under way,and the group has placed under contract a floating drilling unit capable of operating in the block. The unit is expected to be available to begin drilling in the third quarter of 2009.