SYDNEY (Reuters) - ExxonMobil <XOM.N> said on Monday it has commenced a A$120 million ($88 million) offshore exploration drilling off Australia's southeast coast to search for new sources of natural gas.
ExxonMobil Australia is also actively considering a potential gas import project to bring additional supply to the country's east coast market, Chairman Richard Owen said in a statement.
(Reporting by Swati Pandey; Editing by Christian Schmollinger)
