OPERATIONS

Central abandons exploration well after lack of success

CENTRAL Petroleum as operator of the Palm Valley gas field has decided to give up on its hopes of finding a large gas deposit in the deep Arumbera Sandstone and will instead drill a sidetrack to get gas flowing from the already producing Pacoota Sandstone.

Central abandons exploration well after lack of success

  Central's latest well - Palm Valley 12 - is over time, over budget, and has not hit significant gas in some of the shallower exploration targets. It was the first of a proposed two well campaign....

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