Australia: Exompa Spuds Nora-1 Well

Exoma Energy Limited announced that it has spudded Nora-1, the seventh well of the Galilee Joint Venture’s 2012 exploration program. This well will be drilled using EDA Rig #2.

The well will be a dual test of coal seam gas (CSG) in the Permian coal measures and shale oil/gas in the Toolebuc Formation shale.

Exoma has a 50% beneficial interest in both ATP 991P and the Nora-1 well. CNOOC Galilee Gas Company Pty Ltd is earning its participating interest by a farmin 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, August 24, 2012