DRILLING

Linc kicks off Arckaringa oil campaign

LINC Energy has spudded Haystack-1, the first of 10 wells in South Australia's Arckaringa Basin that will evaluate the region's oil potential.

The company drew up plans for the program after its Maglia-1 well in PEL 121 - drilled in early 2010 - encountered oil shows while hunting for coal seams with underground coal gasification and coal seam...

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