Rig and equipment on site ahead of Cooper Basin drilling programme

• Drill rig 916 and equipment is now on site and preparations for drilling are at an advanced stage.
• Drilling programme designed to confirm the presence of gas in Toolachee and Patchawarra formations.
• Successful wells to be cased and suspended for flow testing in early 2015.

Cooper Basin focused oil and gas exploration company Real Energy Corporation Limited is pleased to advise shareholders that Ensign International drill rig 916 has been mobilised and is now being rigged up at Tamarama-1 wellsite, which is located in ATP927P.

Tamarama-1, is expected to spud by the end of the week. The drilling of the Tamarama-1 well is designed to confirm the presence of gas in the Toolachee and Patchawarra formations and to determine reservoir production potential.

Two additional wells, Queenscliff-1 (previously called Avalon-1) and the West Flynnes-1, have been scheduled for drilling subject to results of the Tamarama-1 well. The prospective ATP927P permit is located in close proximity to proven and producing gas and oil fields operated by Santos, with local gas production being used to meet the growing demand for gas on the eastern seaboard.

Adapted from a press release by David Bizley

Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/01092014/rig-and-equipment-on-site-ahead-of-cooper-basin-drilling-programme/