Doriemus-1 is targeting up to 2.5 million barrels of oil in the Birkhead and Hutton formations and up to 32 billion cubic feet of gas in the Patchawarra formation. It was drilled to a total depth of 2721m and is 100% owned by Stuart.
Rainbird-1 was targeting up to 6.4 million barrels of oil in the McKinlay member and the Birkhead formation and up to 4bcf of gas in the Patchawarra. Interests in Rainbird (post drilling success) would have been Stuart 36%, Cooper Energy 15%, Red Sky Energy 24.5% and Magellan Petroleum 24.5%.
