Project Profile
Location: Western flank of the Cooper Basin, South Australia
Area: 5.5 km²
Drilling Depth: ~5,577 feet TD (1,700 metres)
PPL 220 is an oil and gas license covering an area of 5.5 km². Callawonga-9, an oil development well, located in PPL 220 on the western flank of the Cooper Basin, South Australia was spud Saturday October 26 2013. The rig is currently preparing to drill ahead in the 8.5 inch main hole after running casing. Callawonga-9, a vertical well located 1,115 feet (340 metres) south of Callawonga-2 and Callawonga-6, is prognosed to drill to a total depth of approximately 5,577 feet (1,700 metres) to accelerate production from the Namur Sandstone. The well will also test the deeper Birkhead Formation. Drilling results are expected early next week. The drilling and evaluation of Callawonga-9 will mark the conclusion of the current four well drilling campaign. Cooper Energy holds a 25% interest in PPL 220 with the balance held by the Operator, Beach Energy.
Operators:
Beach Energy Limited: Operator with 75% interest
Cooper Energy Limited: 25% interest