This follows news earlier in the week that a drill stem test in the Merrimellia Formation, at a depth of 2365-2376 metres, recovered only rat hole mud with a faint oil fluorescence.
At that time, the company said it planned to run sidewall cores to determine whether to run more drill stem tests.
On Friday, the Century Rig-3 set abandonment plugs in the well, which was drilled to a total depth of 2461 metres.
Jasmine-1 was would be the first well to be drilled in the ‘under-explored’ western half of PEL 182, to evaluate a Patchawarra sand member observed by the 1991 Darter-1 well, located 6km away, to have 80% fluorescence.
The three earlier wells in the PEL 182 program returned mixed results, with Emily-1 cased and suspended after making a small oil discovery in the Birkhead Sandstone, Vanessa-1 discovered gas in the Toolachee and Epsilon formations, while Sarahlyn-1 was plugged and abandoned as a duster.
A fifth well, Michelle-1, had been planned for drilling, but the partners have instead decided to cancel this well in favour of acquiring 300 square kilometres of 3D seismic next year.
Interests in the PEL 182 joint venture are operator Eagle Bay, with 37.6%, AudDAX with 49.9%, Australian Oil Company with 5% and Dome Resources with 7.5%.