Speke South-1 Comes Up Dry

Bass Strait Oil Company reports that the Speke South-1 exploration well has reached its objective at a final total depth of 3,138 meters. Well logs did not indicate the presence of hydrocarbon pay in the well.

The well was drilled by Seadrill's West Triton and is located in the Gippsland Basin Permit Vic/P42 offshore Australia. Apache Energy is the operator of the well and Bass Strait Oil Company holds a 20% interest.

For More Information on the Offshore Rig Fleet:
RigLogix can provide the information that you need about the offshore rig fleet, whether you need utilization and industry trends or detailed reports on future rig contracts. Subscribing to RigLogix will allow you to access dozens of prebuilt reports and build your own custom reports using hundreds of available data columns. For more information about a RigLogix subscription, visit www.riglogix.com.