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'This achievement challenges the conventional understanding that slope areas merely serve as pathways for hydrocarbons rather than sites for substantial accumulation'.
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'Enhanced fiscal terms, simplified cost recovery and clearer profit sharing are already attracting serious interest from supermajors and national oil companies'.
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Nashville in the Norphlet play 'marks INEOS' first successful exploration well in the region'.
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'We have assessed there are significant undiscovered resources in the Haynesville Formation of the Gulf Coast', USGS Director Ned Mamula said.
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'It provides options for Indonesia as the nation balances domestic demand needs with future export opportunities', Andrew Harwood, Wood Mackenzie Vice President, Corporate Research, said.
