DRILLING

Target's Bandito well dry

TARGET Energy says the Vincent-1 well at the Bandito prospect in Acadia Parish, Louisiana, will be plugged and abandoned after wireline logs failed to indicate the presence of target sands.

The company said US operator Aspect Energy drilled the well to total depth of 3932m but wireline logs failed to find the target Bol Mex sands. Vincent-1 was targeting up to 42.4 billion cubic feet equivalent...

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