 |
Tweet |
Perth, Oct 22, 2012 (ABN Newswire) - Oil Basins Limited (
ASX:OBL) wishes to make the following ASX Announcement, so as to keep the market fully informed.
The Company, as designated Operator on behalf of the Backreef Area Joint Venture (OBL net 80% and Green Rock Energy Limited (ASX:GRK) net 20% beneficial interests respectively), wishes to make the following Operations Report #2 at the East Blina-1 petroleum exploration well, within Production Licence L6, Canning Basin.
In accordance with ASX Listing Rules, during the conduct of East Blina-1 drilling operations, OBL on behalf of the Backreef Area Joint Venture will advise the market weekly (on Thursdays), or as soon as possible after concluding an important well drilling operation and/or obtaining an important assessment or result.
EAST BLINA-1 PETROLEUM EXPLORATION WELL
Interests: OBL 80%, GRK 20%
Operator: Oil Basins Limited
Spud Date: 8:00am, 17 October 2012
Depth: 354mRT @ 6:00am 21 October 2012
Surface Casing Shoe: Set 244 mm (9-5/8 inch) diameter surface casing at 349mRT
Progress: 309m since last Report
Formation Tops:
- Blina Shale 20mRT (27m higher than prognosed)
- Liveringa Formation 80mRT (24m higher than prognosed)
- Noonkanbah Formation 260mRT (25m higher than prognosed)
Current Operation: Good progress made. Waiting on cement, testing BOPs and Formation Integrity Test then drilling 244mm (8-1/2 inch) diameter production hole to TD.
Planned TD: 1210mRT
Target: Intra Yellow Drum dolomite reservoir - (gross reservoir column 27m), with a prognosed Formation Top at 1162mRT.
Well Duration: Less than 11 days* from spud-date - drill and logging and wireline testing/sampling and PVT (as appropriate).
* Anticipated subject to change
View the Announcement here:
http://media.abnnewswire.net/media/en/docs/ASX-OBL-380824.pdf
ASX:OBL) wishes to make the following ASX Announcement, so as to keep the market fully informed.The Company, as designated Operator on behalf of the Backreef Area Joint Venture (OBL net 80% and Green Rock Energy Limited (
ASX:GRK) net 20% beneficial interests respectively), wishes to make the following Operations Report #2 at the East Blina-1 petroleum exploration well, within Production Licence L6, Canning Basin.In accordance with ASX Listing Rules, during the conduct of East Blina-1 drilling operations, OBL on behalf of the Backreef Area Joint Venture will advise the market weekly (on Thursdays), or as soon as possible after concluding an important well drilling operation and/or obtaining an important assessment or result.
EAST BLINA-1 PETROLEUM EXPLORATION WELL
Interests: OBL 80%, GRK 20%
Operator: Oil Basins Limited
Spud Date: 8:00am, 17 October 2012
Depth: 354mRT @ 6:00am 21 October 2012
Surface Casing Shoe: Set 244 mm (9-5/8 inch) diameter surface casing at 349mRT
Progress: 309m since last Report
Formation Tops:
- Blina Shale 20mRT (27m higher than prognosed)
- Liveringa Formation 80mRT (24m higher than prognosed)
- Noonkanbah Formation 260mRT (25m higher than prognosed)
Current Operation: Good progress made. Waiting on cement, testing BOPs and Formation Integrity Test then drilling 244mm (8-1/2 inch) diameter production hole to TD.
Planned TD: 1210mRT
Target: Intra Yellow Drum dolomite reservoir - (gross reservoir column 27m), with a prognosed Formation Top at 1162mRT.
Well Duration: Less than 11 days* from spud-date - drill and logging and wireline testing/sampling and PVT (as appropriate).
* Anticipated subject to change
View the Announcement here:
http://media.abnnewswire.net/media/en/docs/ASX-OBL-380824.pdf
|
Tweet |
About Oil Basins Limited
Oil Basins Limited (ASX:OBL) is engaged in the investment in selected exploration production and development opportunities in the upstream oil and gas sector. Oil Basins Limited was listed on the ASX on 23 August 2006 and is involved in exploration for oil and gas initially in the offshore Gippsland Basin waters of south-eastern Australia and the onshore Canning Basin of Western Australia. Since listing the Company has increased its leverage across all of its assets and has increased its exposure to attractive and prospective areas with the Canning Basin.
|
||
|
 |
Related Companies |
>>>      Green Rock Energy Limited>>>        Oil Basins Limited |
| |
Related Industry Topics: |
Gas & Oil | Energy General | Financial General | |
| |
This Page Viewed: (Last 7 Days: 9) (Last 30 Days: 78) (Since Published: 777) |
ABN Newswire on Social Media | ||||
 |  |  |  |  |
|
Green Rock Energy Limited | ||||||
|
|||||||
Site Search
| ENGLISH All Languages |
Companies in the News
Mobile Video TV
|
||
|
||
){kind=link}