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Industry News: Offshore Gippsland – New Potential From A Mature Basin; ROC ‘On Track’

21/03/2022 by Thomas Brand

Industry News: Offshore Gippsland – New Potential From A Mature Basin; ROC ‘On Track’

 

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Publication Name: PESA News

Publication Issue: 61

Date Published: December 2002

Number of Pages: 2

Abstract:

  • Offshore Gippsland - New Potential From A Mature Basin: At 5 :45am on Sunday, December 27th, 1964, Australia's first offshore well, Barracouta-1, was spudded in the Gippsland Basin. This wildcat marked a milestone on a journey that would lead to significant change in this nation's industry and economy.

  • ROC 'On Track': ROC Oil's hands have been full in recent months as the company has juggled its ambitious global drilling programme while picking up an interest in a UK-based exploration company focussed on oil and gas opportunities in Africa.

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