Environmental Hurdles

摘要

Shell's decision to invest AUD60mn to explore the well also refects its optimistic outlook for Palta-1. However, the road to development for the licence area, should Palta-1 prove to be a major discovery, could be a long one. The Australian newspaper highlights that the well is located west of the Ningaloo Marine Park, a listed UN world heritage site. It is home to some of the largest fringing reefs in the world, as well as marine wildlife such as dolphins and whales.