DRILLING

Harriet partners roll on with Gauguin-1 after Kadinsky disappoints

Despite a recent failure, the Harriet Joint Venture partners are showing no signs of slowing down in their ongoing exploration campaign off the coast of Western Australia following the multiple success late last year and early this year.

Harriet partners roll on with Gauguin-1 after Kadinsky disappoints

Following the success of Monet-1 the operator spudded Kadinsky-1, five kilometres south of the Harriet Alpha Platform. The well has since been plugged and abandoned as planned after failing to intersect any hydrocarbons.

Due to the success of Monet-1, a second sidetrack is being drilled to address another prospect (Gauguin) some 1.2 kilometres to the north-northeast of the well.

The Gauguin-1 well commenced on 25 April 2004 and is expected to reach total depth late this week. Due to the success of Monet, development options are also being reviewed to ensure early oil production.

Monet-1 is only five kilometres away from the Harriet Alpha platform and according to a company statement, "Electric logs indicate the well intersected a 20 metre gross oil column."

Both Monet and Kadinsky are within 4 kilometres of the existing production facilities on Varanus Island.

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

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