ConocoPhillips Starts Drilling at Zephyros-1 Well (Australia)

ConocoPhillips has started drilling operations at Zephyros-1 exploration well, located offshore Western Australia. The well was spudded at 06:45 hours (WDT) on 12 November 2012.

The Transocean Legend semi-submersible rig is drilling the exploration well, which is operated by ConocoPhillips.

ConocoPhillips is the operator of the jointly held WA-314-P, WA-315-P and WA-398-P Browse Basin permits containing the previously announced Poseidon and Kronos gas discoveries. Karoon Gas Australia Ltd holds 40% of the permit WA-315-P and WA-398-P, and 90% of permit WA-314-P.

Zephyros-1 is the second well in the exploration program, and follows the recent, highly successful, Boreas-1 well. Zephyros-1 is located in permit WA-398-P on the flank of a large tilted fault block approximately 9 kilometres southwest of the Kronos-1 discovery well. The objective of  the Zephyros- 1 well is to test the extent, presence and quality of Plover formation reservoirs.

[mappress]
November 13, 2012