DRILLING

Gregory River well to be sidetracked

Partners Magellan Petroleum and Novus Australia will sidetrack the Gregory River-3 well after the...

Gregory River well to be sidetracked

A drilling report said a small section of the drilling assembly was unable to be recovered and will be left down hole. A cement plug will be set above this abandoned equipment and a new hole drilled from 2,512 metres to deviate around the obstruction towards the total depth of 3,200 metres.

Gregory River-3 is located approximately 30 kilometres south of the town of Bundaberg, within the Maryborough Basin.

Participants are Magellan Petroleum (48% - operator), Novus Australia (50%) and QGAS Pty Ltd (2%).

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