Apache Drills Duster with Kew-1 Exploration Well

The Kew-1 exploration well which was spudded earlier this week by the Ensco 67 rig came up dry. The well is located in TL/9 offshore Australia and was drilled to a total depth of 1,865 meters measured depth without encountering any hydrocarbons. Kew-1 is currently being plugged and abandoned.

The Kew-1 well was a vertical well designed to test a four-way dip closed depositional mound within the Flag Sandstone and intersected the targets on prognosis, however no hydrocarbon shows were detected. The results of this well have upgraded the potential for additional oil traps in the vicinity. This potential will be investigated further over the coming months.

The well is to be plugged and abandoned. Weather permitting, the Ensco-67 will move to the Kultarr-1 location in WA-334-P.

TL/9 Joint Venture participants are Apache as operator with 68.5%; Tap Oil with 12.2229%; Kufpec with 19.2771%.

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