ConocoPhillips Australia (COPA), a subsidiary of the U.S.-headquartered energy giant ConocoPhillips, has intersected gas in Waarre reservoirs during drilling activities at a well in the Otway Basin off the coast of Australia, with a semi-submersible rig owned by Transocean, an offshore drilling player.

Waarre ConocoPhillips MDKB La Bella Energi Otway Basin Transocean Equinox MDRT Songa Equinox Maritime Transocean Port Campbell Australia Exploration Production Noel Newell Executive Chairman Charlemont Trend