Cooper Energy Provides Update on Drilling in Indonesia, Australia

Joint Venture participants in the KSO Tangai-Sukananti Block are Cooper Energy Ltd. (Operator 55 percent) and Mega Adhyaksa Pratama Sukananti Ltd. (45 percent).

Separately, Cooper Energy disclosed Wednesday that Perlubie-3, an oil appraisal well located in PPL 247 on the Western Flank of the Cooper Basin, South Australia encountered a sub-commercial 3.6 feet (1.1 meter) oil column in the primary target Namur Sandstone. The well has therefore been plugged and abandoned.

The well reached a total depth of 4,681 feet (1,427 meters) in the Late Jurassic Westbourne Formation.

The PEL 92 Joint Venture is planning a drilling program commencing in late April/early May which comprises 1 development well and 1 appraisal well in the Callawonga Field together with an exploration well.

Cooper Energy holds a 25 percent interest in PPL 247 with the balance held by the Operator, Beach Energy Limited.


12

View Full Article

WHAT DO YOU THINK?


Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Most Popular Articles