Cowrie 1 exploration well commences onshore Otway Basin, South Australia
Posted: 14 November 2005
Origin Energy Limited reported drilling of the exploration well Cowrie 1, operated by Beach Petroleum Limited and located in the onshore Otway Basin exploration permit PEL27, commenced at 0800 hours CST on Monday 14 November 2005 using the Century 7 drilling rig.
Cowrie-1 is located approximately 25 kilometres southwest of Naracoorte and will test the oil potential of a fault dependent trap at the Sawpit Sandstone level.
Its planned total depth is 1,408 metres and the well is expected to take about 12 days to drill and evaluate. Cowrie-1 is the first South Australian onshore Otway Basin oil well to be drilled since Jacaranda Ridge-1 discovered a sub-commercial Sawpit Sandstone oil pool in 1999.
Participants in the Cowrie-1 well are:
- Beach Petroleum Ltd (Operator) 30.00%
- Origin Energy Resources Limited 50.00%
- Essential Petroleum Resources Li 20.00%
For more information see www.originenergy.com.au
Posted by Richard Price, Editor, EnergyME.com
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