Avery Resources Continues Wompi Drilling in Cooper Basin


Cooper Basin
(Click to Enlarge)
Avery Resources Inc. on Monday completed testing of the Maracoonda-2 exploration well located in the Queensland sector of Australia's Cooper Basin. Marracoonda-2 is part of a three well exploration program on the 236,700 acre Wompi Block. Based on an integrated review of wireline logs, drilling data and the previously reported testing results, a decision has been made to plug and abandon the well.

The Australian operator, Bow Energy Limited, will move the rig immediately to the Gamma-1 well location and drilling of Gamma-1 is expected to commence on or about Sunday, February 18. Gamma-1 is interpreted to be an updip test of a well drilled by the previous operator, which had good oil shows in several zones. Immediately after Gamma-1 the operator plans to move the rig to the Nora-1 well location, the last well in the Wompi Block program. Following drilling of Nora-1, Avery will have earned a 50 percent interest in the block.

Avery Resources is an international hydrocarbon exploration and production company based in Calgary, Alberta. Its primary interest is in Australia, where the Company is building a significant presence through production, partnerships, drilling and acquisitions. Avery is focusing its current drilling activity in the Cooper Basin region of Australia.

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
Experienced Floorhand
Expertise: Floorhand / Roughneck
Location: Dickinson, ND
 
Drill Rig Operator
Expertise: Directional Driller|Driller|Drilling Foreman / Drilling Supervisor
Location: Sand Springs, OK
 
Directional Driller - South Texas
Expertise: Driller
Location: San Antonio, TX
 
search for more jobs

Brent Crude Oil : $50.97/BBL 1.53%
Light Crude Oil : $48.75/BBL 1.79%
Natural Gas : $2.92/MMBtu 0.68%
Updated in last 24 hours