Commencement of Onsite Preparations for Backreef-1 Production Test
Sydney, April 16, 2012 AEST (ABN Newswire) - Oil Basins Limited (
ASX:OBL) wishes to make the following announcement as a matter of record.
The Company, as operator Backreef Area formally advises that the necessary Backreef Production Test documentation were formally lodged on 12 April 2012 with all stakeholders.
With appropriate authorities and stakeholder approvals already in-place, the Company now plans to commence the re-clearing the road and well/camp sites areas early next week in readiness for the arrival of ADS Rig#2 (planned for circa 1 May 2012) and subject to formal stakeholder approval to conduct the test.
As appropriate, the Company will make further updates on the Backreef-1 Production Test, including test objectives, in due course.
Contact
Oil Basins Limited
T: +61-3-9692-7222
F: +61-3-9529-8057
WWW: www.oilbasins.com.au
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