EXPLORATION

Adelaide on schedule for Otway drilling

ADELAIDE Energy is gearing up for back-to-back drilling of the Hollick-1 and Brand-1 wells in PEL 255 of the Otway Basin which could be three times the size of the Jacaranda Ridge-2 discovery.

The company said the contracted Hunt Energy rig would start mobilising to the site in South Australia later this week with drilling on track to start in early March. The two wells are part of five prospects...

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