This Murta Sands oil show will be evaluated with an open hole drill stem test following the cutting of the second core this morning at a depth of 1322m, the Perth-based company said.
VicPet said these cores were designed to evaluate the oil-bearing and reservoir potential of the Murta sands, which are oil productive 4km south-west in the Mirage Oil Field.
With a planned total depth of 1683m, Jindivik-1 will test the Greater Mirage Murta oil pool concept, which contains a potential 23 million barrels of in-place oil over the Mirage-Lightning-Jindivik area.
The primary target for Jindivik-1 is the Murta sands. Secondary targets are the underlying sands of the McKinlay, Namur, basal Birkhead and Hutton formations.
The PEL 115 joint venture, which includes the Jindivik-1 well, comprises VicPet, which holds a 40% stake, Impress Ventures (40%) and Roma Petroleum (20%)