BHP Billiton Petroleum has exploration, development, production and marketing activities in more than a dozen countries around the globe, with a significant position in the deep water Gulf of Mexico, onshore US and Australia. Petroleum also operates assets in the United States, Australia, United Kingdom, Trinidad and Tobago and Pakistan.
Our oil and gas strategy is to focus on material opportunities, at high working interest with a bias for operatorship. We also hold interests in exploration blocks where we explore for significant upstream opportunities in proven basins and promising prospects around the world using the latest seismic and geophysical technology to locate new resources.
Our activities are aimed at potash project development. Our interest in potash is via development projects largely within the Canadian province of Saskatchewan. Potash is a globally traded commodity primarily used as a fertiliser. We have exploration rights to over 14,500 square kilometres of highly prospective ground in the Saskatchewan potash basin. The Jansen Project, located 140 kilometres east of Saskatoon, Saskatchewan, is our most advanced project and is in feasibility study stage.