DRILLING

Jingemia-4 adds to the Perth Basin success list

The Perth Basin continues to blossom as an onshore oil producer with the most recent well, the Jingemia-4 appraisal/development well, being prepared as an oil producing well after 29m of oil saturated Dongara Sandstone was intersected, with excellent reservoir characteristics.

Jingemia-4 adds to the Perth Basin success list

Located in the onshore Perth Basin Exploration Permit 413, the well reached a total depth of 2522 metres and is 350 metres east northeast of the Jingemia Production Facility.

The aim of the well is to provide a second production off take point at the Dongara Sandstone level and to appraise the reservoir potential of the immediately underlying Wagina Formation, which is interpreted to be above the field oil water contact at the Jingemia-4 location.

Three cores were successfully cut through the entire Dongara Sandstone and Wagina Formation section, with 100% recovery. Preliminary interpretation of the cores and those wireline logs acquired to date indicate that Jingemia-4 has intersected the Dongara Sandstone approximately 16.5m updip of Jingemia-1.

The underlying Wagina Formation contains only minor fluorescence and is considered likely to possess low permeability, potentially forming a basal seal to the oil column.

Application has been made by the Joint Venture for a production licence covering the Jingemia Oil Field. It is expected that all requirements relating to its issue will be completed during the current extended production test.

Once the licence is awarded, the field development plan agreed and permanent facilities constructed, the field will move into full production. This is expected to occur by mid year. During the period of the test the oil produced will be trucked to the BP oil refinery south of Perth for sale.

Participants in EP 413 and Jingemia-4 are Norwest Energy NL 1.278%, ARC Energy 15.495%, Origin Energy Developments (Operator) 49.189%, Hardman Oil and Gas 22.376%, Voyager (PB) 6.270%, Victoria Petroleum Offshore 5%, Roc Oil (WA) 0.250% and John Kevin Geary 0.142%

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