EXPLORATION

Adelaide planning Otway drilling

ADELAIDE Energy plans to drill up to two wells in PRL 13 in the Otway Basin, South Australia, the first drilling in the permit since the Killanoola-1 well was drilled in 1998.

The company recently acquired a 20% stake in PRL 13 from Somerton Energy for $110,000, bringing its total interest up to 100%. "The forthcoming Killanoola drilling program presents a low-risk and low-cost...

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