Apache Spuds Linda North-1 Appraisal Well in Carnarvon Basin

Tap Oil Ltd.

Tap has provided the following information on the Linda North-1 appraisal well, which spudded on January 19, 2009.

Location

The Linda North-1 well is located in the Carnarvon Basin exploration permit TL/1. The well will be drilled from the Linda platform, approximately 17 km northeast of Varanus Island in 33 m of water, and sidetracked to a target location at latitude 20 degress 32' 31.26"S and longitude 115 degrees 42' 14.9"E.

Progress

The Linda North-1 well spudded on January 19, 2009, and the well is currently at approximately 98 meters measured depth. Current activity running in hole to set conductor.

The Linda North-1 well is programmed to reach a total depth of approximately 2,640 meters TVDSS allowing sufficient penetration of the reservoir to achieve production requirements. The well is planned to take 24 days.

Tap Comment

Linda North-1 is an appraisal well targeting up to 40 Bcf of gas (plus associated condensate) in the Upper Jurassic Biggada sandstone which forms the producing reservoir in the adjacent Linda Field. If a discovery is made, Linda North-1 will be completed as a gas producer.

TL/1 Joint Venture Participants

  • Tap (Harriet) Pty Ltd 12.2229%
  • Apache Northwest Pty Ltd (Operator) 68.5%
  • Kufpec Australia Pty Ltd 19.2771%
     

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