The well will be drilled beginning in September by the new Wilcraft jackup rig.
An Exxon spokesman yesterday described Marina as an exciting prospect. The farm-in with a junior was a clear sign of the company's enthusiasm. In recent years Exxon has spent hundreds of millions of dollars in exploration and development in Australia, mostly associated with the Bass Strait oilfields but also in re-establishing an exploration position in northern and western Australian waters in partnership with Chevron and Shell.
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