Australia: Exoma Spuds Wardoo‐1 Exploration Well 

Exoma Spuds Wardoo‐1 Exploration Well

Exoma Energy said that it has spudded Wardoo‐1, the tenth well of the Galilee Joint Venture’s 2012 exploration program.

This well will be drilled using EDA Rig #2. The well will be a test of coal seam gas (CSG) in the Permian coal measures and shale oil / gas in the Toolebuc formation.

Exoma has a 50% beneficial interest in both ATP 991P and the Wardoo‐1 well.

CNOOC Galilee Gas Company Pty Ltd is earning its participating interest by a farm‐in whereby CNOOC provides the first $50 million of joint venture expenditures on Exoma’s five Galilee Basin ATP’s.

 

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LNG World News Staff, September 17, 2012