DRILLING

Key shrugs off tight Perth well

KEY Petroleum has plugged and abandoned its first well in the Perth Basin due to tight reservoir sands; however the presence of oil in the sands has given the company encouragement to continue with the second well.

Marija Stojkovic

The company said the first well, Dunnart-1, was drilled to a total depth of 669 metres with the DCA 7 rig on January 12. Good fluorescence shows were seen in up to 80% of the sand while drilling through...

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