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BIL
BIBLT
BIL - BHP Billiton Plc - Announces gas discovery at Thebe-1 offshore Australia
BHP Billiton Plc
Share code: BIL
ISIN: GB0000566504
BHP BILLITON ANNOUNCES GAS DISCOVERY AT THEBE-1 OFFSHORE AUSTRALIA
BHP Billiton announced today a discovery at the Thebe-1 exploration well that
was recently drilled offshore Western Australia. The well and subsequent
evaluation confirmed a gas column of approximately 240 feet (73 metres)
encountered in the Exmouth Plateau of the Carnarvon Basin.
Drilling of the Thebe-1 well began during the first week of July 2007 in block
WA-346-P using the semi-submersible rig Atwood Eagle. The well is located
approximately 186 miles (300 kilometres) off the North West coast of Western
Australia in water depths of 3,848 feet (1173 metres). The well has now been
abandoned after reservoir core was collected. BHP Billiton is the operator at
Thebe-1 and holds a 100 percent interest in the field.
"The Thebe discovery is an excellent addition to our global portfolio. The
results are encouraging and we will now proceed with further data gathering and
evaluation," said Steve O`Rourke, President of Global Exploration for BHP
Billiton Petroleum.
Thebe-1 is the second significant BHP Billiton gas discovery in the basin and is
located approximately 31 miles (50 kilometres) north of the Scarborough gas
field in which BHP Billiton is a 50 percent partner with ExxonMobil.
Further information on BHP Billiton can be found on our Internet site:
www.bhpbilliton.com
Australia United Kingdom
Samantha Evans, Media Relations Mark Lidiard, Investor & Media
Tel: +61 3 9609 2898 Relations
Mobile: +61 400 693 915 Tel: +44 20 7802 4156
email: Samantha.Evans@bhpbilliton.com Mobile: +44 7769 934 942
email: Mark.Lidiard@bhpbilliton.com
Jane Belcher, Investor Relations Illtud Harri, Media Relations
Tel: +61 3 9609 3952 Tel: +44 20 7802 4195
Mobile: +61 417 031 653 Mobile: +44 7920 237 246
email: Jane.H.Belcher@bhpbilliton.com email: Illtud.Harri@bhpbilliton.com
United States South Africa
Tracey Whitehead, Investor & Media Alison GIlbert, Investor Relations
Relations Tel: SA +27 11 376 2121
Tel: US +1 713 599 6100 or UK +44 20 7802 4183
or UK +44 20 7802 4031 Mobile: +44 7769 936 227
Mobile: +44 7917 648 093 Email: Alison.Gilbert@bhpbilliton.com
email: Tracey.Whitehead@bhpbilliton.com
Date: 13/08/2007 15:53:01 Produced by the JSE SENS Department.
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