Apache Hits Gas Pay at Zola

Apache announced that the Zola-1 exploratory well in WA-290-P has interested more than 328 feet (100 meters) of net gas pay sands over a 1,312 feet (400 meter) gross interval in the primary target, the Mungaroo formation. Wireline logging and pressure testing has confirmed the net gas pay and the high quality of the reservoir sands.

The Zola discovery is on trend with the Gorgon gas field and is situated near existing gas infrastructure. Following completion of operations at the Zola-1 well, the Stena Clyde semisub will move to the Finucane South exploratory well, Santos' next target in the Carnarvon Basin.

Zola is located in the Carnarvon Basin offshore Western Australia in a water depth of 919 feet (280 meters). Apache operates WA-290-P, located offshore Western Australia, owning a 30% interest; Nippon Oil Exploration owns 25%; OMV Australia owns 20%; Santos Offshore owns 15%; and Tap owns 10%. 

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