Nexus Energy repositioning Browse Basin interests

This map illustrates the Crux East Browse LNG landscape.

This map illustrates the Crux East Browse LNG landscape.

Nexus Energy has consolidated its interest in the Crux permit, AC/L9, located in the Browse Basin, WA, and aims to develop the Crux as a stand-alone floating project using Shell’s FLNG technology, according to its Annual General Meeting report.

Nexus Energy Chaiman Don Voelte said, “Given Crux’s strategic location in the East Browse Basin, we are looking to position Crux as a significant floating gas and condensate hub, one that accommodates the various discovered resources in the economic catchment area, as well as third party gas.”

The detailed Crux work program is set to commence following the retention lease award. The work program will be set by the government and the exploration drilling campaign will include the key Auriga prospect. Nexus aim to progress earliest commercialisation of the Crux field.

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