
Normal
0
false
false
false
MicrosoftInternetExplorer4
st1:*{behavior:url(#ieooui) }
/* Style Definitions */
table.MsoNormalTable
{mso-style-name:”Table Normal”;
mso-tstyle-rowband-size:0;
mso-tstyle-colband-size:0;
mso-style-noshow:yes;
mso-style-parent:””;
mso-padding-alt:0in 5.4pt 0in 5.4pt;
mso-para-margin:0in;
mso-para-margin-bottom:.0001pt;
mso-pagination:widow-orphan;
font-size:10.0pt;
font-family:”Times New Roman”;
mso-ansi-language:#0400;
mso-fareast-language:#0400;
mso-bidi-language:#0400;}
Perth-based Tap oil says it’s exploring onshore land in the Carnarvon Basin for shale gas reserves, while Buru Energy is a few weeks away from extracting oil in the Kimberley.
Tap says it’s entered an agreement with Rusa Resources for shale gas exploration over 38,000 square kilometres near the Dampier and Bunbury natural gas pipelines.
Tap said shale oil and conventional oil and gas reserves would also be targeted in the development.
In a statement Tap managing director Troy Hayden said the work would give Rusa and Tap "early stage exposure" to unconventional resources around Canarvon.
Above: Tap’s onshore WA interests.
The news joins Buru Energy’s announcement it is close to first production of oil from the Kimberley’s Canning Basin near the Yakka Munga cattle station.
Buru said the oil would be trucked to Perth and sold to BP.
The company said production was in its early stages and still primarily about testing the quality and size of the resource.