Woodside reports that the Kuda Tasi-2 appraisal well located in the Timor Sea is being prepared for flow testing. A 7-inch liner has been run and cemented in place. Preliminary wire line log analysis indicates that a gross 35 meter oil column has been intersected.
Woodside's is the operator of the JPDA 03-01 Joint Venture and hold a 40% stake. The other participants are Inpex Timor Sea Ltd (35%) and Santos (JPDA 03-01) Pty Ltd (25%).