Cooper Energy spuds Penneshaw-1 well

Posted by Katie Woodward - OilVoice


Cooper Energy Limited (ASX: COE) reports that Penneshaw-1, an oil exploration well located in PRL 87 on the western flank of the Cooper Basin, South Australia, spudded on Tuesday 22 November 2016 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.

Penneshaw-1 is located 4 kilometres east of Perlubie and 4.5 kilometres west of the Christies Field and is being drilled to a total depth of 1,862 metres in the Merrimelia Formation. The well is anticipated to complete within 12 days.

The primary target of Penneshaw-1 is the Namur Sandstone, which is the oil producing reservoir in several adjacent fields (Butlers, Callawonga, Parsons, Perlubie and Christies). The secondary targets of Penneshaw-1 are the Mid-Namur Sandstone, Birkhead Formation and Hutton Sandstone, which are oilbearing in the Christies and Silver Sands fields.

Following Penneshaw-1, the rig will move to drill Butlers-9, which will appraise potential oil volume in the undrilled north-west quadrant of the Butlers oil field.

Cooper Energy Liimited holds a 25% interest in PRL 87, with the balance held by the Operator, Beach Energy Limited.

New service from OilVoice
Trip Shepherd is for companies who need to track their staff in areas of risk.
It's free to use, so we invite you to try it.

Cooper EnergyBeach EnergySpud Watch

More items from katie

Shell announces appointment of new Company Secretary

Royal Dutch Shell plc announces the appointment of Linda Szymanski as Company Secretary with effect from January 1, 2017. Ms Szymanski succeeds Michiel Brandjes who retires at the end of the year after 36 years of service with the Shell group, of which 13 years was as General Counsel Corporate and C ...

Katie Woodward - OilVoice

Posted 3 years agoPress > ShellPeople on the MoveCompany Secretary

Spartan Energy Corp. Announces Closing of Previously Announced Strategic Light Oil Acquisition, 2017 Corporate Budget and Increase in Borrowing Base to $350 Million

CALGARY, ALBERTA--(Marketwired - Dec. 8, 2016) - Spartan Energy Corp. ("Spartan" or the "Company") (TSX:SPE) is pleased to announce the closing of its previously announced strategic light oil acquisition in southeast Saskatchewan from ARC Resources Ltd. (the "Acquisition"). The Acquisition includes ...

Katie Woodward - OilVoice

Posted 3 years agoPress > Spartan Energy CorpAcquisition2017 +2

ARC Resources Ltd. Closes Sale of Saskatchewan Assets

CALGARY, Dec. 8, 2016 /CNW/ - (ARX – TSX) ARC Resources Ltd. is pleased to announce that it has successfully closed the previously-announced sale of its Saskatchewan assets and operations to Spartan Energy Corp. (SPE – TSX), for total cash consideration of $700 million, subject to customary post-clo ...

Katie Woodward - OilVoice

Posted 3 years agoPress > ARC ResourcesSaskatchewanAssets +2

Perpetual Energy announces 2017 capital spending and production guidance

CALGARY, Dec. 8, 2016 /CNW/ - Perpetual Energy Inc. ("Perpetual", the "Company" or the "Corporation") (TSX:PMT) is pleased to announce its capital spending plans and expected production growth for 2017. Perpetual's success in advancing its strategic priorities in 2016, coupled with strengthening co ...

Katie Woodward - OilVoice

Posted 3 years agoPress > Perpetual Energy2017CAPEX +1

First LNG produced from PETRONAS' first floating LNG facility PFLNG Satu

PETRONAS' first floating liquefied natural gas (LNG) facility, PFLNG SATU has achieved an industry breakthrough with the successful production of its first drop of LNG from the Kanowit gas field, offshore Sarawak on 5 December 2016. The operational milestone marks a decade long journey for PETRONAS ...

Katie Woodward - OilVoice

Posted 3 years agoPress > PETRONASLNGPFLNG Satu +1
All posts from katie