Tamarind Resources - Oil and Gas
  • Home
  • Our Company
  • Our People
  • Our Businesses
  • Contact

First oil discovery in offshore Perth Basin in 15 years

3/10/2017

 
The news about the oil discovery at Xanadu-1 is exciting for those involved and even more exciting for the wider region and the industry.
Confirming a new oil discovery at Xanadu is an outstanding achievement. There hasn’t been an oil discovery in the offshore Perth Basin since Cliff Head over 15 years ago. It’s exciting for the industry and for Western Australia. Based on the current understanding of the structure there is an excellent chance of finding a significantly thicker column in an up-dip location which can be reached from the current drilling pad. Xanadu is located 14kms south east of Triangle’s Cliff Head Oil Field and the onshore Arrowsmith Stabilisation Plant (ASP). Arrowsmith has the capacity to service third party crude and therefore can expedite any production from Xanadu to market.”
  -Rob Towner, ​Triangle Energy’s managing director
Mr Darren Bromley, Triangle Energy’s executive director and CFO, said access to the Arrowsmith infrastructure will significantly reduce the capital expenditure required by the JV and is currently underutilised.

“Current production from Cliff Head utilises only 1,200 barrels of oil per day with a plant capacity of 15,000 barrels per day," he noted.

For more details about the discovery, read the latest update from Triangle Energy.

Comments are closed.

    Archives

    November 2020
    March 2020
    December 2019
    November 2019
    September 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    May 2017
    December 2016
    September 2016
    August 2016
    April 2015
    February 2015
    January 2015
    December 2014
    September 2014
    July 2014

    Categories

    All
    Community
    Company Updates
    In The News
    Presentations

    RSS Feed

Our Company

Our Responsibilities
Latest News
​Privacy Policy

Our People

Our Businesses

New Zealand- Onshore
​New Zealand- Tui
Australia
​​Philippines

Contact

© COPYRIGHT 2020. ALL RIGHTS RESERVED
  • Home
  • Our Company
  • Our People
  • Our Businesses
  • Contact