Australian Worldwide Exploration
Encyclopedia
Australian Worldwide Exploration Limited is an Australia
Australia
Australia , officially the Commonwealth of Australia, is a country in the Southern Hemisphere comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands in the Indian and Pacific Oceans. It is the world's sixth-largest country by total area...

n oil and gas exploration and production company.

The company has a market capitalisation greater than A$1.2 billion, and makes up 0.1% of the S&P/ASX 200
S&P/ASX 200
The S&P/ASX 200 index is a market-capitalization weighted and float-adjusted stock market index of Australian stocks listed on the Australian Securities Exchange from Standard & Poor's...

 index.
AWE is currently drilling two wells, Tui-2H and Tui-3H, in the Taranaki basin off the North West coast of New Zealand
New Zealand
New Zealand is an island country in the south-western Pacific Ocean comprising two main landmasses and numerous smaller islands. The country is situated some east of Australia across the Tasman Sea, and roughly south of the Pacific island nations of New Caledonia, Fiji, and Tonga...

. First oil from the project is expected on 30 June 07.
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