NT/P66 Nexus 100%

Permit NT/P66 lies in the Bonaparte Basin, offshore Northern Territory, and is close to the Blacktip gas field which is currently under development.  An exploration well on a new gas prospect, Side Step, is planned to be drilled in the third quarter 2008.  A rig has been contracted to drill this prospect.  Side Step is a relatively large prospect with the potential to contain a gas resource of up to one trillion cubic feet.

Location of the Bonaparte Basin, North Australia

Map showing location of Permit NTP66 in the Bonaparte Basin, North Australia

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