Santos to Sidetrack Casino-4 Well

Australian Worldwide Exploration reports that theCasino-4 well, located in VIC/L 24, is preparing to sidetrack to drill a sub-horizontal production well after encouraging results in the vertical pilot hole.

During the week, the Casino-4 well was drilled to a depth of 1,761 meters, where a 33-meter core was cut (98% recovery). Initial analysis of the Casino-4 core indicates better than expected reservoir quality in the Waarre Sandstone. After drilling ahead to a measured depth of 1,825 meters, the well was logged and plugged back in anticipation of a sidetrack, as expected. Progress for the week at Casino-4 was 64 meters.

Casino-4 is the first of a two-well drilling program for the development of the Casino gas field. The Casino-4 sidetrack has a proposed total true vertical depth of 1,800 meters.

Participants in VIC/L 24 are Santos as operator with 50%; Peedamullah Petroleum (AWE) with 25% and Mittwell Energy with 25%.

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