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Northbridge Industrial Services Plc

Santos expands Dorado foothold with new block & BP joins as partner

Santos has been awarded new acreage “on-trend” and near its world-class Dorado oil discovery offshore Western Australia. The permit has been awarded to Santos in a 50-50 joint venture with BP.

Santos will be the operator of the new 6,964 square kilometers permit WA-541-P in the Northern Carnarvon Basin which lies to the west of the recent Dorado, Roc, and Phoenix South hydrocarbon discoveries in the Bedout Sub-basin.

The southern portion of WA-541-P is directly adjacent to the proven Dorado structural stratigraphic play trend, which is interpreted to extend into the new block, Santos said.

Northbridge Industrial Services plc (LON:NBI) hires and sells specialist industrial equipment to a non-cyclical customer base. With offices or agents in the UK, US, Dubai, Belgium, Germany, France, Australia, Singapore, New Zealand, Brazil and Korea, Northbridge has a global customer base.

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