DRILLING

Rugborne-1 bears nothing

The Apache-operated Rugborne-1 exploration well in EP-363, 15 kilometres east southeast of Varanus Island, has been plugged and abandoned after failing to find any hydrocarbons.

Rugborne-1 bears nothing

Although several sandstones were intersected in the zone of interest, no hydrocarbons were encountered and the rig will now be mobilised to install the Linda platform in the Harriet Joint Venture permit TL/1 including the drilling of the Linda-3 production well.

The well was targeting possible stacked pay zones in interpreted stratigraphic traps on the eastern margin of the Barrow Sub- Basin.

This work is expected to take approximately three weeks following which the rig is expected to be mobilised to drill the Taunton-4 and Blackthorne-1 appraisal wells in TP/7.

EP-363 Joint Venture participants are Tap Oil 13.6063%, Apache Energy (Operator) 73.6037% and Kufpec Australia 12.79%.

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