Woodside Polkadot-1 Drilling Ahead

Polkadot, Bonaparte Basin
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Woodside reports that the Polkadot-1 exploration well is now running wireline logs. The well was drilled to a total depth of 3,791 meters.

Preliminary evaluation indicates that the Polkadot-1 well, which was drilled on the southern flank of the Polkadot structure, has intersected three gas zones with a cumulative gross thickness of approximately 50 meters. Production testing is being planned to establish reservoir producibility.

The well was drilled by Transocean's semisub, Sedco 703.

Woodside is operator of WA-313-P and holds a 50%. The other participant is Eni Australia B.V. (50%).
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