Western Australia is one of the most productive and diversified mineral and petroleum regions in the world.

Petroleum prospectivity has been demonstrated both onshore and offshore. Low sovereign risk and the fiscal and legislative regime along with noted successes in offshore exploration make the state an attractive exploration focus.

The offshore northwest is currently Australia's most prolific oil and gas producing province. It has significant oil and gas infrastructure which facilitates rapid development and its offshore drilling and development costs are amongst the lowest in Australia. High quality acreage is available in water depths suitable for the use of lower cost drilling rigs and proven development technology. High quality historic seismic and well data is available which lowers costs and risk and technical and management staff with many years of first-hand experience, shortens the exploration cycle.