DRILLING

Central spuds Pedirka oil well

CENTRAL Petroleum has today started drilling the Simpson-1 oil well in the Pedirka Basin, Northern Territory, that is targeting undiscovered oil initially in place of up to 190 million barrels.

Marija Stojkovic

The company said it planned to spud the well on Saturday but was delayed due to an intense Simpson Desert sand storm that covered the access road, and by the failure of a contractor to have appropriate...

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