Harriet A11 Well Encounters Oil

Tap Oil reports that the Harriet A11 development well located in Permit TL/1 offshore Australia has reached the planned total depth of 2,582 meters. A 6-meter gross oil column was intersected at the top of the objective Flag sandstone reservoir.

The Harriet A11 oil development well was planned to intersect a small attic of oil on the south eastern edge of the Harriet Oil Field, not drained by the existing production wells. The well confirms the presence of a small accumulation of incremental oil in this part of the field and will now be completed as an oil producer tied into Varanus Island on the Harriet Alpha Platform.

The A11 well was drilled on the new seismic reprocessing within the HJV license and provides confidence that further discoveries may be made based on these data.

TL/1 Joint Venture participants are Apache Northwest with 68.5%; Tap with 12.2229% and Kufpec Australia with 19.2771%.

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