DRILLSTEM test four at the Kiana-1 exploration well in Cooper Basin permit PEL 107 has flowed gas...
Kiana-1 had reached 1948 metres by 9am, South Australian time, this morning. DST 4 was conducted over the interval 1939 - 1948 metres in the Patchawarra Formation. The full results of the test will be communicated to the market as soon as they become available, Beach said.
Participants in the Kiana-1 well are: Beach Petroleum Limited (operator) 40%, Great Artesian Oil and Gas Limited 30% and Magellan Petroleum Australia Limited 30% ( subject to commercial discovery).
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