AWE to Analyze Data of Drover-1 Well in EP455 in Perth Basin
AWE Limited, as Operator of Exploration Permit 455 in the Perth Basin, Western Australia, reported that as at 06:00 hours (6:00am) AWST Tuesday the Drover-1 exploration well had reached its planned total measured depth of 7,729 feet (2,356 meters) and 5.5 inch production casing is currently being run in the well.
All target formations have been intersected and initial log data indicates a 2,582 foot (787 meter) section of Kockatea
Shale, a 843 foot (257 meter) section of Carynginia Shales, a 948 foot (289 meter) section of Irwin River Coal Measures and a 47 foot (14.5 meter) section of High Cliff Sandstone.
In addition to the 70 feet (21.5 meters) of core samples taken from the Kockatea Shale formation previously announced, sidewall cores have been taken from the Kockatea Shale as well as from deeper formations comprising the Carynginia Shale, the Irwin River Coal Measures and the High Cliff Sandstone.
Gas readings were observed while drilling, although the significance of these readings is yet to be determined. This data, together with wireline logs and core samples, will be analysed and evaluated before determining the next phase of exploration activity.
After the 5.5 inch production casing has been set, the well will be suspended pending the outcome of the analyses of the data obtained during coring and logging operations. The drilling rig will be released and demobilized after the casing has been set.
The Drover-1 exploration well is located on pastoral land in the Shire of Coorow, approximately 11.2 miles (18 kilometers) southeast of Green Head and 136.7 miles (220 kilometers) north of Perth. Drover-1 is a vertical exploration well designed to test the unconventional gas potential in the southern area of AWE’s Perth Basin acreage.
The Joint Venture partners in EP455 are:
- AWE Limited (via subsidiaries) (Operator): 81.50 percent
- Titan Energy Limited: 18.50 percent
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