DRILLING

Initial oil shows at Jindivik-1: VicPet

PEL 115 operator Victoria Petroleum says minor oil fluorescence has been observed in an initial c...

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%)

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