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Apache Oil Deposit Discovery: Largest In Australia For The Past 3 Decades

A new oil province may be emerging in the country as US oil company Apache discovered oil in the North West coast. Apache’s Phoenix South-1 well was targeting gas when it dug up an oil deposit that can potentially produce 300 million barrels of oil. Apache’s International Chief Operating Officer Thomas Voytovich said that drilling […]

By |August 20th, 2014|Economic Growth, Oil|Comments Off on Apache Oil Deposit Discovery: Largest In Australia For The Past 3 Decades