DRILLING

On the Target

IT IS not shale gas or oil, but Target Energy has spudded the first well at the Wolfberry tight oil play in its Fairway project, West Texas, a move that could prove company-making.

The BOA 12-1 well, spudded on September 10, targets up to 180,000 barrels of oil equivalent in the Wolfberry interval. It is expected to hit target depth of 3170 metres within a fortnight. Previous Wolfberry...

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