DRILLING

Nulla Nulla-1 plugged and abandoned

AFTER its success at Yellowbank Creek-4 in the Surat Basin last week, Enterprise Energy has been ...

Interests in this licence are Enterprise Energy NL 41.37%, Icon Energy NL 33.33%, and Great Artesian Oil and Gas Limited 25%.

Enterprise and Great Artesian are now looking forward to testing their Smegsy-1 well in PEL106, South Australia. Log and pressure data have indicated more than 24 metres of net gas pay with gas in place reserves of about 20 BCF. Smegsy-1 will now be tested through casing beginning on or about 12 November. The tests will take about two weeks to complete.

Interests in this lease are Great Artesian (operator) 75% and Enterprise 25%.

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