Cooper Energy said that Callawonga-18, an appraisal and development well drilled by the PEL 92 joint venture in PPL 220, is being cased and suspended as a future oil producer.
Cooper Energy holds a 25% interest in PEL 92 with the balance held by the operator, Beach Energy.
Callawonga-18 located in the onshore Cooper basin of South Australia is a deviated well which was drilled to a total depth of 1582m and encountered its primary target, the McKinlay Member sandstone, 1.8m high to prognosis, with a 2.4m gross thickness and 2.1m of net oil pay in a clean sand.
Callawonga-18 is the second of a five-well campaign on the Callawonga oil field targeting previously undeveloped reserves in the McKinlay Member sandstone. The first well in the program, Callawonga-14, was also cased and suspended as a future oil producer.
The third well in the campaign, Callawonga-15, is to be spudded from the same drill pad on completion of Callawonga-18, Cooper said.
AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week