Start of drilling at Jindivik-1, PEL 115 South Australia
Posted: 4 May 2006
Victoria Petroleum NL, as Operator for the PEL 115 Joint Venture, reported that Jindivik-1 commenced drilling at 1330 hours Central Standard Time (CST) on 3 May 2006.
At 0600 hours today the operation was drilling ahead in 12¼ inch hole at 308 metres.
Jindivik-1 will test the Greater Mirage Murta oil pool concept of a potential 23 million barrels of oil in place over the Mirage-Lightning-Jindivik area.
The primary target for Jindivik-1 is the Murta sands at 1,313 metres, oil productive in the Mirage Oil Field four kilometres to the southwest.
Secondary targets are the sands of the McKinlay, Namur, basal Birkhead and Hutton formations.
Jindivik-1 is planned to be drilled to a total depth of 1,683 metres in 11 days from the start of drilling.
“Victoria Petroleum is pleased to have started drilling at Jindivik-1 to prove that the shallow Murta formation in this well, if oil is present, is part of the Greater Mirage Murta oil pool,” said John Kopcheff, Victoria Petroleum NL’s Managing Director.
“In the event of exploration success, oil production from Jindivik-1 can be quickly connected to the Mirage Oil Field production facilities.”
The participants in the drilling of Jindivik-1 and PEL 115 and their respective interests are as follows;
Victoria Petroleum N.L (Operator) 40%
Impress Ventures Ltd 40% Roma Petroleum N.L. 20%
Posted by Richard Price, Editor, EnergyME.com
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