Project Profile
Value: Undisclosed
Location: Onshore Otway Basin, surrounding Penola, South Australia
Area: 793.3 km2
Petroleum exploration license (PEL) 495 is located onshore Otway Basin, surrounding Penola, in South Australia. The license covers an area of 793.3 km2. Participating parts in the PEL 495 are Cooper Energy with 30% interest and Beach Energy which holds a 70% interest. Ensign Energy Services Inc. is the rig contractor and is using Ensign 916 rig to drill the area.
Operators:
Beach Energy: Operator with 70% interest
Cooper Energy: 30% interest
Contractor:
Ensign Energy Services Inc.: Drilling contractor using Ensign 916 rig