Hess finishes Beetaloo job

By Russell Searancke

 24 January 2013 23:59 GMT

US independent Hess has completed a $55 million seismic acquisition programme over three unconventional oil and gas blocks in Australia’s remote Beetaloo basin.

The company has gathered 3490 kilometres of 2D seismic data over Blocks EP76, EP98 and EP117, said co-venturer Falcon Oil & Gas.

Hess has until 30 June to choose to drill five exploration wells to earn a 62.5% equity stake in the area covered by the three permits.



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