Perth, Nov 12, 2008 AEST (ABN Newswire) - Empire Oil & Gas NL (ASX:EGO)(PINK:EOLGF) is pleased to announce the status of drilling Lake MacLeod-1 for the period 0000 hrs 10 November 2008 to 2400 hrs 11 November 2008.
The current operation at 0600 hrs 12 November 2008: Rigging down electric logging equipment The future operations: Plug and abandon well.
LAKE MACLEOD-1 PETROLEUM EXPLORATION WELL
EP 439/461, WESTERN AUSTRALIA
1. Well Name/Permit Lake MacLeod-1 - EP 439/461, Western Australia
2. This report is for the Period: The period 0000 hrs 10 November 2008 to 2400 hrs 11 November 2008
3. This ASX Release Time and Date: 1000 hrs WST 12 November 2008
4. Report No: 19
5. Spud Date/Rig: 30 September 2008
6. Days since Spud: 33 (Excluding crew break from 7 to 15 October 2008)
7. Location of Well: Latitude 240 35' 26.03"S Longitude 1130 32' 19.38"E 2kms north east of Shot Point 1500 seismic line CG83-01
8. Elevation:
G.L. 2 metres
RT. 3 metres
RT to GL 5 metres
9. Proposed Total Depth: 900 metres
10. Targets: Gneudna Formation Carbonates and the Nannyarra Sandstones
11. Present Depth: At 2400 hrs 11 November 2008 - 894m.
12. Geological Summary:
For 0000 hrs 10 November 2008 to 2400 hrs 11 November at 894m -
Formation Tops
Trealla 21
Cardabia 27
Korojon 57
Toolonga 180
Gearle 467
Windalia 513
Muderong Shale 527
Birdrong Sandstone 540
Gneudna 563
Nannyarra Sandstone 713
13. Hydrocarbon Indications: None.
14. Operations since last Report: Pull out of hole, run electric wireline logs.
15. Current Operations: Rigging down electric logging equipment at 0600 hrs 11 November 2008
16. Future Operations: Plug and abandon well.
17. Participants in the well:
Empire Oil & Gas N.L. (Rough Range Oil Pty Ltd - Operator)- 30.356%
Longreach Oil Limited - 9.352%
Indigo Oil Pty Ltd - 4.676%
Falcore Pty Ltd - 2.596%
Vigilant Oil Pty Ltd - 0.52%
Jurassica Oil & Gas Plc - 35%
Black Fire Energy Limited - earning 7.5% by Farmin from the J.V.
DVM International Limited - earning 10% by Farmin from the J.V.
Contact
Mr Craig Marshall
Managing Director
Phone: +61-8-6389-2687
Facsimile: +61-8-9386-6812
E-mail: cmarshall@empireoil.com.au
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