As programmed, the Scalybutt-1 well is currently drilling to total depth before conducting a wireline logging program.
Secondary targets for the Scalybutt-1 well remain to be drilled in the Lower Barrow. The Woollybutt-3 well located 5 kilometers south of the Woollybutt Oil Field intersected a 5.5 meter oil column in Lower Barrow Sands.
Tap is encouraged by the preliminary results of the Scalybutt well. The results from the well may also lead to higher potential in the Woollybutt-3 structure. The Woollybutt-3 well previously discovered an 8.3-meter oil column in Upper Barrow Sands in addition to oil in the Lower Barrow referred to above.
WA-25-L Joint Venture Participants are ENI Australia as operator with 65%; Tap Oil with 15% and Mobil Australia with 20%.
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