AWE Targets Early Output at Gas Discovery in Australia

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AWE Ltd. may start initial production at its Senecio and Waitsia fields as soon as 2016 after announcing what may be the largest onshore natural gas discovery in Western Australia since the 1960s.

The project could supply as much as 10 percent of the West Australian market in the next 10 to 20 years, Bruce Clement, managing director of the Sydney-based oil and gas explorer, said today in a phone interview.