DRILLING

Connolly-1 delay can’t prevent P&A

After an extensive delay to its original drilling program the Oilex/Roma Petroleum Connolly-1 wel...

Located 27km east of Stonehenge and130km south of Longreach the Connolly structure was considered large enough to hold potential recoverable reserves of 26 million barrels of oil. An initial spud date in mid-July was postponed after the operator experienced mechanical problems.

Interests in the well are Oilex NL 45.5% (Operator), Roma Petroleum NL 45% and several private interests totalling 9.5%

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