Carnarvon Basin – Exploration

High-impact Exploration Permits, Australia

Octanex has various interests in five high impact permits in the Dampier sub-basin and the Exmouth Plateau of the Northern Carnarvon Basin.  Its participation in four of these permits is presently fully carried.

Carnarvon Basin Permits (latest) - February 2015

PERMIT INTEREST OPERATOR
WA-323-P Dampier Sub-Basin 25% Santos
WA-330-P Dampier Sub-Basin 25% Santos
WA-362-P Exmouth Plateau 33.33% ENI
WA-363-P Exmouth Plateau 33.33% ENI
WA-387-P Exmouth Plateau 100% Octanex
PURSUING NEAR TERM PRODUCTION EXPANDED STRATEGY