Cooper Drills Ahead at Menzel-Horr Well

Further to the earlier announcement regarding the testing of Menzel Horr-1 (COE160211b Menzel Horr-1 Shows and Proposed Testing), Cooper reported that the zone did not flow, most likely due to tight formation.

The forward plan for the well is to drill ahead to the primary target carbonate formations that are prognosed to lie deeper in the well. It is expected that the next formation will be penetrated in 2-3 days, depending on actual drilling progress. The current depth of the well is 1,690 meters.

The Joint Venture Participants in the Menzel Horr-1 well are Cooper Energy (85%, Operator) and Jacka Resources (15%).


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