DRILLING

Rig moving to drill Bazzard well: Stuart

STUART Petroleum expects to spud on September 19 its maiden offshore well, Bazzard-1, in the Gippsland permit VIC/P53 with the West Triton jack-up drilling rig preparing to move to the Bazzard location.

Bazzard-1 is about 5 kilometres east of Veilfin-1 - the deepest well drilled in the permit area - in 68m of water and targets potential recoverable reserves of about 100 million barrels of oil in four...

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