Basker-2 Well Drilling Ahead

Anzon Australia says that the Basker-2 well is drilling ahead at 3,210m MDRT in the target Intra-Latrobe sands. During the past week intermediate casing (244mm) was set and cemented at 2,945m MDRT.

After drilling out of the casing hydrocarbon shows were encountered as anticipated. The well will be drilled to a total depth of approximately 3,400m MDRT. Once total depth is reached electric logs will be run to define the hydrocarbon bearing character of the well. The well is being drilled by Diamond Offshore's semisub, Ocean Patriot.

The participants in the VIC/RL6 Joint Venture are Anzon Australia Limited as operator with 62.5% and Beach Petroleum Ltd with 37.5%.

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