Exploration & Production
Bengal Energy Drills First Cooper Basin Tookoonooka Drilling Program
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Bengal Energy announce that drilling operations on Caracal-1, the first well of the Tookoonooka drilling campaign on the Company’s 100%-owned uthority to Prospect or (“ATP”) 732P (“Tookoonooka permit”) commenced on October 2, 2012.
The Tookoonooka drilling program, which will be completed using Bengal’s recently purchased drilling rig,includes up to three exploration wells initially, all with primary zone targets that are fully independent of each other. Each well is targeting a separate play type on different parts of the 654,335 acre Tookoonooka permit.
The well locations contain potential for Cretaceous and Jurassic oil as well as Permian gas and were chosen based on their multi-zone potential with as many as four prospective zones on each location. Total drill depth on these wells…
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