ConocoPhillips makes new gas discovery in Australia’s Otway Basin
ConocoPhillips has made a natural gas discovery in the Otway Basin off the Australian coast, the company said today, adding that the exploited reserves and their commercial viability have not yet been estimated. “The Essington-1 well is the first discovery in Otway since 2021 and is a promising start to ConocoPhillips’ exploration activities in the…