Toobada-1 is designed to test a low relief four-way dip closure at the Flag Sandstone level with the potential to contain 20mmbbls of oil if successful. The well is expected to take 11 days to reach the proposed total depth of 3,077m measured depth.

The JV has capitalised on its highly successful spring drilling program with production already underway from the Hoover and North Pedirka oil fields.

Both of those wells are located about 8km south of Varanus Island - North Pedirka-1 in TL/7 and Hoover-2 in TL/6 - and were drilled from the existing Victoria Production Platform which hosts the Victoria-1, Little Sandy-1 and Pedirka-1 oil wells.

Harriet Joint Venture Participants are Tap Oil (operator) 12.2229%, Apache Energy 68.5% and Kufpec Australia 19.2771%.