Project Profile
Location: Southwestern flank of the Cooper Basin, State of South Australia, Australia
Area: 2,358 sq km (582,674 gross acres)
Start-up Year: -
PEL 444 is a petroleum exploration license in Australia and is comprised of 2,358 square kilometres (582,674 gross acres). The license is located on the southwestern flank of the Cooper Basin in the State of South Australia. PEL 112 permit is approximately 35 kilometres west of the Cooper Basin margin. Recent drilling adjacent to PEL 444 has resulted in 20 of 27 wells drilled successfully with initial production rates ranging up to 3,000 barrels of oil per day. Holloman Energy Corp identified 18 leads on PEL 444. Migration path analysis was conducted by ISIS Petroleum Consultants Pty. Ltd. of Australia.
Operators:
Holloman Energy Corp.: Operator with 100% interest
Claren Energy: 51.5%% interest
Contractors:
ISIS Petroleum Consultants Pty. Ltd.: Migration path analysis
Terrex Pty Ltd (of Terrex Seismic): Surveying, line clearing and recording operations
Hunt Energy and Mineral Pty. Ltd.: Drilling service agreement whereby Hunt Energy will provide drilling services for up to 6 wells in the Petroleum Exploration License PEL444
Senex Energy Ltd.: Drill site preparations on PEL 444