Sea Lion-1 final drilling progress report

3D Oil Ltd has stated that wireline evaluation and sampling of formation fluids over zones of interest identified on preliminary Sea Lion -1 data have been completed. This work has concluded that no zones of commercial hydrocarbons were encountered in the Sea Lion-1 well.

Current operation is running out of the hole with logging tools and forward operations are to plug and abandon the Sea Lion -1 well and to de-mobilise the West Telesto drilling rig from the site.

This is the final Drilling Progress Report for Sea Lion -1. TDO will advise when all site operations are compete and the West Telesto has been released.

Sea Lion is located in offshore Gippsland Basin permit VIC/P57 where 3D Oil has a 24.9% interest in Vic/P57 while the company’s share of Sea Lion-1 well costs is being carried up to the extent of US$7.5 million as part of an agreement with joint venture operator Carnarvon Hibiscus Pty Ltd (CHPL) the wholly owned subsidiary of Hibiscus Petroleum.

Edited from press release by Angharad Lock

Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/10112015/sea-lion-1-final-drilling-progress-report-1585/