Carnarvon said the well was deepened beyond its prognosed total depth of 1213m with wireline logs confirming the reservoir potential of at least one of the deeper intervals. "Currently it is interpreted that the deeper sand is across the major north-south trending fault and confirms the presence of hydrocarbons in that separate fault block," the company said.
Carnarvon said the well would now be cased and suspended pending the arrival of the surface production equipment expected in mid-November. Spudding of the next well is scheduled this week.
In other Carnarvon news, the junior explorer said that together with its joint venture partner, Pacific Tiger Energy, it has been awarded a petroleum exploration licence consisting of 3935 sq.km surrounding its SW1A concession in central Thailand.
"Block L44/43 includes at least seven highly ranked prospects and leads identified on the existing 2D and 3D seismic grid," the company said.
The JV operator, Pacific Tiger, has also been formally advised of the award of the Wichian Buri II, a new licence area that contains the Haui Phai prospect.
