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Total Announces New Gas Discovery in the Browse Basin, Australia

Source: www.gulfoilandgas.com 8/7/2008, Location: Not categorized

Total announces a gas discovery from the Mimia-1 exploration well on the WA-344P permit (Total 40%), in Australia. Total E&P Australia and Inpex (operator, 60%) acquired the WA-344P exploration acreage in November 2007 and completed the Mimia-1 well in July 2008. A 72 metre gas column was found and a production test completed recently confirmed the discovery of gas and condensate.

The Mimia-1 well was drilled in a water depth of 254 metres and is located approximately 20 kilometres north-east of the WA-285P (Inpex 76%,Total 24%) which contains the giant Ichthys gas-condensate field (close to 13 Trillion cubic feet of recoverable gas and 530 Million barrels of recoverable liquids).

Inpex and Total are preparing the development of the Ichthys field and are considering how the Mimia discovery could best be incorporated into this development.

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