DRILLING

Essential continues Otway search with Findra-1

Following the abandonment of Killarney EPRL1, Essential Petroleum Resources has spudded the Findr...

Essential continues Otway search with Findra-1

Findra -1 will be drilled to a total depth of 850m targeting potential reservoirs in the Paaratte Formation at approximately 480 m and in the Flaxman/ Waarre Formations at approximately 680m.

The well is located approximately 20 kilometres NNW of the Victorian coastal town of Port Fairy and 5 kilometres east of the Port Fairy Hamilton Road.

Essential Petroleum controls 100% of the PEP 159 permit.

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