INPEX CORPORATION (INPEX announced that through INPEX Browse E&P Pty Ltd (INPEX Browse), a subsidiary, it was individually awarded an exploration permit for Release Area WA-533-P (the Block) as Operator in Australia’s 2017 Offshore Petroleum Exploration Acreage Release. INPEX Browse will hold a 100% participating interest in the Block where it will henceforth pursue exploration activities.
With the awarding of this exploration permit, the total number of offshore exploration blocks held by INPEX Group companies in Australia increases to 22. INPEX’s proactive exploration activities in Australia are expected to contribute to the continuous enhancement of the company’s E&P activities.
INPEX will continue to proactively pursue business development opportunities in Australia and the Asia-Oceania region.