Woodside prepares for elephant hunt in Libya’s oil-rich deserts

Next month Woodside Petroleum is due to drill the first exploration well in a $US194 million ($266 million) hunt for oil beneath the desert sands and gulf waters of Libya.

Woodside was among the first back into the country and is hunting for oil in regions known for their big oilfields. Late next month it is due to begin a rapid-fire six-well exploration program in the onshore Murzuq Basin, 1500 kilometres south-west of Tripoli. The first well in an initial seven-well program will be drilled in the onshore portion of the Sirte Basin on the other side of the country.

The Sidney Morning Herald