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Cooper, Beach Spud Final Oil Well in Cooper Basin Drilling Campaign

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Cooper, Beach Spud Final Oil Well in Cooper Basin Drilling Campaign

Cooper Energy Limited has reported that Callawonga-9, an oil development well, located in PPL 220 on the western flank of the Cooper Basin, spudded on Saturday 26 October, 2013 at 07:00 hours.

The rig is currently preparing to drill ahead in the 8½ inch main hole after running casing.

Callawonga-9, a vertical well located 340m south of Callawonga-2 and Callawonga-6, is prognosed to drill to a total depth of approximately 1,700m to accelerate production from the Namur Sandstone. The well will also test the deeper Birkhead Formation. Drilling results are expected early next week.

The drilling and evaluation of Callawonga-9 will mark the conclusion of the current four well drilling campaign.

Cooper Energy holds a 25% interest in PPL 220 with the balance held by the Operator, Beach Energy…

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