(Bloomberg) -- BHP Billiton Ltd., Australia's
biggest oil and gas producer, said the cost of developing the
Stybarrow project in Australia jumped 27 percent while costs for
two crude ventures in the U.S. are ``under review.''
The cost of BHP's 50 percent share of rose to $380 million,
from the original $300 million budget given in November 2005, the
Melbourne-based company said today in a statement to the
Australian Stock Exchange. The field is on schedule to start up
in the first quarter next year, it said.
Read more at Bloomberg Energy News
biggest oil and gas producer, said the cost of developing the
Stybarrow project in Australia jumped 27 percent while costs for
two crude ventures in the U.S. are ``under review.''
The cost of BHP's 50 percent share of rose to $380 million,
from the original $300 million budget given in November 2005, the
Melbourne-based company said today in a statement to the
Australian Stock Exchange. The field is on schedule to start up
in the first quarter next year, it said.
Read more at Bloomberg Energy News
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