Project Profile

Oil Production

350.00 bpd

Kora West oilfield lies in production licence L-15. The field has an estimated 380,000 barrels of 2P reserves. L15 License area is located in the Canning Basin, onshore Lennard Shelf of Western Australia. Pancontinental and its co-venturers have been granted Petroleum Production Licence L15 over the West Kora-1 oil discovery well in the Canning Basin of Western Australia. The licence is for 21 years commencing 1 April 2010. L15 covers two graticular blocks 6054 and 6126 adjacent to the R1 licence area over the Stokes Bay-1 well and the Point Torment-1 gas discovery. West Kora-1 was drilled in 1984 and produced some 20,000 Barrels of oil during an extended production test, commencing at a rate of 350 BOPD. The L15 Joint Venture aims to upgrade the production facility and restore oil production from West Kora 1. 

Operators:

Doriemus: 50% interest 

Rey Resources: 50% interest