Exploration & Production | Drilling / Well Results | Key Wells | Well Results - Negative / Dry Hole
Cooper Energy Abandons Non-Commercial Shelly-1
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Cooper Energy Limited has reported that Shelly-1, the final well of the current exploration campaign in PEL 92, Cooper Basin, South Australia, has been plugged and abandoned after reaching a total depth of 1,942 metres and encountering hydrocarbons in the primary target which were considered non-commercial.
The rig will move to the Elliston-2 well location in PPL 249, located east of the Parsons oil field. Elliston-2 is an oil development well aimed at accelerating production from the Namur Sandstone reservoir.
Participating interests in PEL 92 and PPL 249 are:
Cooper Energy (25%)
Beach Energy (75% and Operator)
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