Release Date: 8 January 2014
Key points
- 13 of 15 oil wells drilled to date in 2013/14 cased and suspended for future production and testing;
- Growler-13 exploration well in PPL 242 to be cased and suspended for future production testing after successfully intersecting approximately 10 metres of oil- saturated mid-Birkhead sandstone;
- Vintage Crop-3 appraisal well in PPL 241 to be cased and suspended as a future Birkhead oil producer after intersecting approximately seven metres of interpreted net oil pay;
- Acrasia-6 appraisal well in PPL 203 intersects 31 metres net oil pay and an additional 15 metres probable net oil pay across stacked reservoirs including a new oil accumulation in the upper Tinchoo sandstone;
- Drilling is underway on the Acrasia-8 development well in PPL 203;
- Coal seam gas drilling campaign for 2013 successfully completed in the Queensland Surat Basin with four core holes drilled.
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