DRILLING

Goolwa-1 looks disappointing

The partners in Goolwa-1 in the Cooper / Eromanga Basin in South Australia have been disappointed...

Goolwa-1 looks disappointing

A drilling report this morning said Drill Stem Test 1 conducted on Friday over the interval 2609.3 - 2631m in the Patchawarra Formation resulted in no fluid to surface and no recovery which indicates that the zone tested possesses very low permeability.

The well was drilled to a total depth of 2684 metres.

Partners are Beach Petroleum (Operator, 40%) and Great Artesian Oil and Gas (60%).

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