Acquisition of the interests in the area adjacent to the Van Gogh Oil Field, offshore Western Australia

Posted 12 March 2009

INPEX CORPORATION is pleased to announce that, through its wholly-owned subsidiary INPEX Alpha, Ltd. (INPEX), it has agreed to acquire a 18.999% interest in the WA-35-L (excluding the Van Gogh Defined Area) and a 23.7495% interest in the WA-255-P block 1081 from BHP Billiton, both of which are located offshore Western Australia.

Media Enquiries: INPEX Tokyo Office, Public Relations Group, Ph: +81-3-5572-0233

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INPEX is committed to recognising and respecting Aboriginal and Torres Strait Islander peoples whose cultures have existed in Australia for more than 65,000 years.

In particular, we acknowledge the Larrakia people as the recognised Traditional Owners of the land and waters where Ichthys LNG onshore facilities are located, in addition to the Whadjuk Nyoongar people on whose lands our Perth office is situated. Furthermore, Broome and Djarindjin are important logistical locations for transit of our offshore workforce, and we therefore extend our acknowledgement to the Yawuru, Bardi and Jawi peoples, respectively.

INPEX acknowledges the important role Aboriginal and Torres Strait Islander peoples continue to play in the development of our business in Australia and pay our respects to their Elders – past and present.