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Cooper Energy Limited reports that Sensation-1, an oil exploration well located in PRL 98 on the western flank of the Cooper Basin, South Australia, spudded on
Monday 18 May 2015 at 00:15 hours. At 06:00 hours this morning, the rig was drilling ahead at 62 metres in 12-1/4 inch surface hole.
The Sensation-1 well location is 2.9 kilometres north of the Callawonga Field. Sensation-1 is being drilled to a total depth of 1,923 metres in the Merrimelia Formation and is anticipated to be completed within 8 days.
The primary target of Sensation-1 is the Namur Sandstone, which is the oil-bearing reservoir in several fields in PEL 92 (Callawonga, Parsons, Windmill). The secondary targets of Sensation-1 are the McKinlay Member, Birkhead Formation and Poolowanna Formation, which are oil-bearing in
several PEL 92 fields (e.g. Callawonga, Christies, Sellicks).
The drilling of Sensation-1 will conclude the current three well drilling campaign. The previous wells, Callawonga-10 and Callawonga-11 recorded development and appraisal successes.
Cooper Energy Limited holds a 25% interest in PRL 98, with the balance held by the Operator, Beach Energy Limited.
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