AUSTRALIA

Oil Basins to move on from Backreef-1

WHILE the market didn't read a production test at Backreef-1 earlier this year as promising, Oil Basins chief executive Neil Doyle has said it will aim to tap a new oil play found by the testing early in the fourth quarter.

James McGrath

Speaking to the Good Oil conference in Fremantle yesterday, he said the drilling and production testing of Backreef-1 in the Canning Basin had confirmed the potential of the Gumhole dolomite play, despite...

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