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Korea to join 3D Energi, ConocoPhillips in Otway gas hunt - Drilling Contractor
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Korea to join 3D Energi, ConocoPhillips in Otway gas hunt - Drilling Contractor
The Korea National Oil Corporation (KNOC) will enter the 3D Energi and ConocoPhillips Australia (COPA) joint venture in the Otway exploration permits VIC/P79 and T/49P. 3D Energi retains a 20% participating interest in both permits while COPA will farm down to 51%, with KNOC assuming a 29% interest. COPA will retain operatorship of the JV. … The post Korea to join 3D Energi, ConocoPhillips in Otway gas hunt appeared first on Drilling Contractor.
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