PRODUCTION AND DEVELOPMENT HIGHLIGHTS 2004 — OUR FUTURE IN GAS

Abstract

The 2004 exploration and appraisal highlights are reviewed and awards given to companies which made significant contributions to increasing Australia’s self sufficiency. While 2004 saw no drilling in Australian frontier basins with most exploratory wells located in the seven producing basins offshore, and within only four onshore basins, overseas, smaller Australian explorers made significant discoveries or appraisals in Turkey, North America and Yemen. Twice as many onshore exploration wells were spudded compared to offshore exploration, a turn around from 2003 mostly due to increased activity in the onshore Cooper-Eromanga and Perth basins.