Long-awaited 'world-class' Ironbark prospect disappoints

After the completion of the drilling operations, one of BP’s more important wells in 2020 – the Ironbark-1 well offshore Australia – has not encountered a significant amount of hydrocarbons. BP’s partner in the project Beach Energy said on Tuesday that the well was drilled to a total depth of 5,618 meters...

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Andrew Jefferies Australia BP Ironbark Mungaroo Formation Ocean Apex