The well will now be plugged and abandoned as planned.
The West Cycad-1 oil discovery is an encouraging result. Further work will be required to determine if the hydrocarbon pool can be commercially developed, as it is not within the reach of the existing platform in the area. More significantly it is the southern most oil field discovered in the Flag Sandstone fairway to date and hence bodes well for further oil exploration in that part of the Harriet Joint Venture acreage.
After completing operations on this West Cycad-1 well, the Ensco 67 will move to the South Gibson Production Platform to drill the Gobi-1 exploration well.
Harriet Joint Venture participants are Apache Northwest as operator with 68.5%; Tap (Harriet) Pty with 12.2229%; and Kufpec Australia with 19.2771%.
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