Learn To Invest
Stocks Special Reports LICs Credit Funds ETFs Tools SMSFs
Video Archive Article Archive
News Stocks Special Reports Funds ETFs Features SMSFs Learn

Company News Summary

Carnarvon Energy Provides Buffalo-10 Drilling Update

19 Jan 2022  |  18:38:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Buffalo-10 Drilling Update

Carnarvon Energy provided update on the Buffalo-10 well. Since the last report, the 9 5/8" casing has been cemented in place and drilling has reached total depth of around 3,415m Measured Depth ("MD") in the 8 1/2" hole section. Observations from Logging While Drilling ("LWD") tools have identified that the primary reservoir has been intersected, with indications of hydrocarbons as expected in the Elang. The Company's forward plan included preparing the well for and undertake wireline logging operations. The top Elang reservoir was intersected at a depth of around 3,338m MD, which was 80m low to prognosis and outside the pre-drill range of expectations. The interpretation from the LWD tools and drilling information is that a 12m gross oil column was encountered.

Please click here for full details

See more ASX300 News Announcements