Magellan Petroleum announces weekly drilling report

Magellan Petroleum announces weekly drilling report

Magellan Petroleum Australia Limitedhas provided the following drilling report:

Nockatunga Oil Fields – SW Queensland

The Kamel-1 exploration well spudded in PL 51 in the Cooper Basin of southwest Queensland on 16 March. The well was drilled to a total depth of 1,391 meters. Oil shows were recorded in the Murta Member during drilling. Wireline logs have been run and at 06:00 hrs on March 2. The operations were preparing to run DST-1 over the Murta interval.

Maryborough Basin – Queensland

The Burrum-2 well, the second of the two coal seam gas well program in ATP 613P in the Maryborough Basin of southeast Queensland, spudded on March 8. The wells were designed to evaluate the coal seam potential of the previously unexplored Burrum Coal Measures in the northern portion of the Burrum Syncline.

Burrum-2 was drilled to a total depth of 545 meters, of which the interval from 115 meters to 390 meters in the Burrum Coal Measures was fully cored. Several coal seams with a total net thickness of approximately 16 meters were cored and sampled for desorption analysis. Three Drill Stem Tests were conducted over coaly intervals in the core section which indicated that the coals have low primary permeability. Evaluation of the coal seams’ gas potential is continuing.

Information from: www.oilonline.com

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