Public Relations Group, Corporate Communications Unit
Akasaka Biz Tower, 5-3-1 Akasaka, Minato-ku, Tokyo 107-6332 JAPANFebruary 4, 2015

INPEX Begins Development Drilling for Ichthys LNG ProjectTokyo, Japan - INPEX CORPORATION (INPEX) announced today the INPEX-operated
Ichthys LNG Project commenced drilling at the Ichthys gas-condensate field, about 200km off
the Western Australian coast.
The first development well was spudded on February 3 by the Project’s development drilling
rig ENSCO-5006, which recently arrived at the field after undergoing major upgrades inSingapore. The ENSCO-5006 will soon be joined by an additional rig, which will also take partin the drilling campaign.

ENSCO-5006

Managing Director Ichthys LNG Project Louis Bon said the safe start to the drilling campaign
was another major milestone for the Project.
“Today we officially mark the beginning of our development drilling program after years ofintensive optimization studies and detailed planning,” Mr. Bon said. “This campaign will target
the Brewster reservoir with 20 production wells. The wells will be drilled into reservoirs about
4,000 to 4,500 meters beneath the seabed.”
Natural gas and other produce lifted from the development wells will be transported via subsea
production facilities to the offshore Central Processing Facility, where gas and condensate will
be separated and processed. The gas will then be exported to the onshore LNG plant via apipeline for production of LNG, LPG, etc., while the condensate will be stored on the Floating

Production, Storage and Offloading facility and loaded onto tankers for export.
About INPEX
INPEX CORPORATION is a worldwide oil and gas exploration and production company
based in Tokyo, Japan, with more than 70 active projects across 25 countries. Since 1966,
INPEX has steadily expanded its business in Japan and in other parts of the world, from its
core business areas in Australia and Indonesia to the Middle East, the Caspian Sea region,
the Gulf of Mexico and North and South America. For more information, visit
www.inpex.co.jp/english/index.html.
About the Ichthys LNG Project
The Ichthys LNG Project is a Joint Venture between INPEX group companies (the Operator),major partner TOTAL, CPC Corporation and the Australian subsidiaries of Tokyo Gas, OsakaGas, Kansai Electric, Chubu Electric Power and Toho Gas. Gas from the Ichthys Field, in theBrowse Basin offshore Western Australia, will undergo preliminary processing offshore toremove water and raw liquids, including condensate. The gas will then be exported to theonshore processing facilities in Darwin via an 889 km pipeline. The Ichthys LNG Project is
expected to produce 8.4 million tons of LNG and 1.6 million tons of LPG per annum, along withapproximately 100,000 barrels of condensate per day at peak. Detailed Engineering,Procurement and Construction (EPC) of the Ichthys LNG Project is ongoing and production isscheduled to commence by the end of 2016. With an expected operational life of at least 40years, the Ichthys LNG Project offers rare multi-generational opportunities to communities,economies, businesses, energy markets and its workforce.
Media Contact: INPEX Tokyo Office, Public Relations Group, Tel) +81-3-5572-0233