In a media release, Apache stated that its subsidiary Apache Julimar would proceed with the development of the Balnaves oil field in production licence WA-49-L. This article, also found in the Australian Oil & Gas Review, also uses Constructive Media’s 3D visual of the Julimar development project.
The article goes on to state that first production from the $438 million Balnaves project is scheduled for 2014, with a gross peak production of approximately 30,000 barrels of oil per day. To read the article please visit the Australian Oil & Gas Review website (page 8, November 2011 issue).
