Oilex and Roma Petroleum have finally spudded the Connolly-1 well after a delay due to mechanical...
Located 27km east of Stonehenge and130km south of Longreach the Connolly structure is considered large enough to hold potential recoverable reserves of 26 million barrels of oil.
Reservoirs in the Hutton Sandstone and Basal Jurassic Formation are the primary objectives.
Oilex will operate the well after reaching a farmout agreement with Roma under which Roma will contribute $100,000 to the drilling operation and retain a 45% interest and a 3.95% royalty in the Authority to Prospect.
ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive
ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.
ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.
This industry-wide report aims to understand current cost levels across the energy industry
Copyright © 2000-2024 Aspermont Ltd. All rights reserved. Aspermont Limited (ABN 66 000 375 048), PO Box 78, Leederville, Western Australia 6902
