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13 July 2006
Melbourne: Exxon Mobil Corporation announced
today that its subsidiary, Mobil Australia Resources Company Pty Limited, has
participated in a new gas discovery in Western Australia.
Located in the Carnarvon Basin, the Chandon 1 well was drilled in 1200 meters
of water to a total depth of 3.1 kilometres. It is located approximately 260
kilometers from shore and was spud on 21 June 2006.
ExxonMobil Exploration Vice President for Asia Pacific, Stephen Greenlee,
said, “The successful discovery of a significant gas resource at Chandon 1
represents an important addition to ExxonMobil’s large and growing gas
resource base in Australia. Our ongoing exploration activities off Western
Australia reflect the substantial potential we see in the area and are aligned
with our global approach of pursuing world-class exploration opportunities."
Greenlee further added, "The discovery also builds upon our strong track
record in the region – including the ExxonMobil discovery of the Jansz field
in 2000.”
ExxonMobil Australia Chairman, Mark Nolan,
noted that, “This discovery expands our significant presence in Australia and
extends the company’s interests and activities in Western Australia. It
reinforces ExxonMobil’s commitment to investing in exploration opportunities
in Australia - opportunities which have the potential to make major
contributions to the Australian and Western Australian economies.”
In addition to ExxonMobil (25%), other participants in WA 268 are Chevron
(50%) and Shell (25%).
Exxon Mobil Corporation is a leading
international energy company whose subsidiaries have operations in
approximately 200 countries and territories. In Asia-Pacific, ExxonMobil has
major exploration and production operations in four countries. In addition,
the company has a significant refining and marketing presence in more than 20
countries in the region. For more information about ExxonMobil, please visit
our website at www.exxonmobil.com.
Media contact:
Rob
Young 03 9270 3443 / 0438 080 998.
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