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AWE Limited, as Operator of Exploration Permit 455 in the Perth Basin, Western Australia, reports that as at 06:00 hours (6:00am) AWST today the Drover-1 exploration well was drilling ahead at a measured depth of 2,070 metres in an 8 ½ inch hole.
Two sections of core were cut from 1,698 metres to 1,720 metres, recovering a total of 21.5 metres of the Kockatea Shale formation.
The 8 ½ inch hole will be drilled to a planned total depth of 2,400 metres to evaluate the deeper objectives comprising the Carynginia Shale formations, the Irwin River Coal Measures and the High Cliff Sandstone.
The Drover-1 exploration well is located on pastoral land in the Shire of Coorow, approximately 18 kilometres southeast of Green Head and 220 kilometres north of Perth. Drover-1 is a vertical exploration well designed to test the unconventional gas potential in the southern area of AWE's Perth Basin acreage. Core samples taken from the well will be sent for analysis before determining the next phase of activity.
The Joint Venture partners in EP455 are:
AWE Limited (via subsidiaries) (Operator) 81.50%
Titan Energy Limited 18.50%
Austral-Asia News
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