DRILLING

JV hits a winner with Airacobra

WIRELINE logging and core samples from Victoria Petroleum's Airacobra-1 well in PEL 115 of the Cooper Basin have confirmed oil in the Epsilon and primary target Patchawarra formations.

Marija Stojkovic

Partner Monitor Energy said the testing program had confirmed the presence of light crude oil in the two formations. The well has been cased and suspended as a future producer. The company added that...

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