MEO Announces Heron South 1 Progress Report (Australia)

MEO Australia provided update in relation to Heron South-1 being drilled in NT/P68, operated by Eni Australia Ltd.

Since the last report, 216mm (8 1/2″) hole had been drilled from 4,358.6m to 4,454mMDRT (metres Measured Depth below Rotary Table) which the operator has determined to be Total Depth (TD). A comprehensive formation evaluation program has commenced.

If warranted, a production test will be run to determine reservoir productivity. There have been no reportable incidents.

The key objectives of the well are to determine the productivity of the Elang-Plover reservoir and the gas composition.

MEO’s CEO and MD Jürgen Hendrich commented on the announcement: “We eagerly await the results of the formation evaluation.”

[mappress]
LNG World News Staff, October 22, 2012