Apache to Drill Another Campbell Appraisal Well

The Campbell-6 well located offshore Australia in permit TL/5 was drilled to total depth and has intersected a 23-meter residual gas column within the Flag Sandstone. The current operation is to abandon this well and commence drilling an additional well, Campbell-7 from the Campbell 6 well bore. This well is targeting attic gas updip from the existing Campbell 2 well.

Campbell-6 was targeting an interpreted undrained compartment of gas on the eastern flank of the Campbell Gas Field however the well has intersected a residual column indicating that the gas in this compartment has already been drained from the existing wells. The forward plan is to drill another well, Campbell-7 targeting an interpreted attic of undrained gas closer to the existing Campbell-2 production well.

Participants in the Harriet Joint Venture are Apache as operator with 68.5%; Kufpec Australia with 19.2771% and Tap Oil with the remaining 12.2229%.