Buru Updates on Ungani Far West 1 Well Drilling in Canning Basin

Buru Energy Limited provided Thursday the following weekly update on drilling operations at the Ungani Far West 1 well in the Canning Basin, Western Australia.

Since the last progress report, DDH1 Rig 31 has been rigged up and commenced coring operations with a wireline retrievable coring system and the shoe track and rathole cement are being cored. The current operation is retrieving the bottom hole assembly.

Coring of new formation is expected to take place during the next week.

The well is located on an all weather drilling pad approximately 0.62 mile (one kilometer) off the Ungani access road within Production License L21, 60 miles (97 kilometers) east of Broome and 2 miles (3.3 kilometers) southwest of Buru Energy's Ungani Oilfield in the Canning Basin of northwestern Australia.

The well is being drilled under the terms of the Ungani Development Funding agreement with Diamond Resources (Fitzroy) Pty Ltd. Equity and contributing interest for the well are as follows:

  • Buru Energy: Equity Interest - 50 percent; Contributing Interest - 0 percent
  • Diamond Resources (Fitzroy): Equity Interest - 50 percent; Contributing Interest - 100 percent

WHAT DO YOU THINK?

Click on the button below to add a comment.
Post a Comment
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.

Related Companies
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
Expeditor
Expertise: Driller|Logistics Management|Materials Management
Location: Anchorage, AK
 
Rig Operator
Expertise: Rig Manager
Location: Odessa, TX
 
United States El Reno: Field Engineer - Cased Hole
Expertise: Casing|Mechanic
Location: El Reno, OK
 
search for more jobs

Brent Crude Oil : $54.46/BBL 0.96%
Light Crude Oil : $51.68/BBL 1.21%
Natural Gas : $3.44/MMBtu 1.99%
Updated in last 24 hours