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No shows were recorded in the Hutton or Pooloowanna formations.
The well is currently drilling ahead in 8.5-inch hole, towards the Tinchoo objective at 2404m.
Fairbridge lies close to the Keleary and Telopea oil fields and is on the spill path of both fields, according to Cooper Energy.
The well spudded on December 27 and Depending is expected to take between 18 and 23 days to drill and evaluate. It is being drilled by the Ensign Drilling Rig 30 to a planned total depth of 2630 metres.
Interests in Fairbridge-1 are Cooper Energy (operator) 38.33%, Sundance Energy 46.67%, Enterprise Energy 10%, and US independent Liberty Petroleum 5%.