The shows appeared from depths around 305 metres and the well will continue to drill ahead to deeper targets. Wireline log data will be acquired and evaluated at the end of the well.
Boyne River-1 is the first deep test in the Nagoorin Graben (ATP 679P - Arrow 100%) and is located about 60km south of Gladstone. The well is planned to be drilled to 1,500 metres.
The primary targets in Boyne River-1 are a shallow gas sand and deeper interbedded stacked sands within the oil shales in the Nagoorin Graben.
Arrow is also continuing its coal bed methane appraisal program with the final pilot well in ATP 683P, Tipton West-4, finished drilling at a total depth of 331 metres and is currently being completed.
Kogan North-4 is currently around 270 metres and coring ahead within the Walloon coals to a projected total depth of 440 metres. The well, located 4.8 kilometres south of Kogan North CSG pilot, has encountered 13.6 metres of gassy coals to date.