AUSTRALIA

Roc solid result, but no barnstormer

CARNARVON Petroleum and its partners in the Bedout Sub-basin joint venture are now batting two for two, with this morning's confirmation that the Roc-1 well is the second new discovery in the previously ignored Carnarvon Basin Triassic oil play, however the technical success will not be tested as planned.

Roc solid result, but no barnstormer

Drilled by operator Quadrant Energy (40%) for Perth-based junior Carnarvon (20%), unlisted Finder Exploration (20%) and JX Nippon (20%), Roc-1 encountered reservoir quality sands with net hydrocarbon interval...

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