CORRECT: Karoon Gas To Drill Wells In Browse Basin Campaign
30 September 2009 - 4:14PM
Dow Jones News
Karoon Gas Australia Ltd. (KAR.AU) said Wednesday it will drill
another three wells in its Browse Basin joint venture with
ConocoPhillips (COP) and has an option to drill four more.
A 3D seismic survey of the greater Poseidon area will start in
early October, it said in a statement.
The next well in the campaign is appraisal well Poseidon-2
followed by the Lion-1 exploration well then the Kronos-1
exploration well, Karoon said.
-By Ross Kelly, Dow Jones Newswires; 61-2-8235-2957;
ross.kelly@dowjones.com