Search results for: Kangaroo-2

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  • 3 December 2014
    Exploration & Production, Project & Tenders

    Karoon Gas Australia has informed that as at 2000 hrs BRST on December 2, 2014, wireline logging of the Kangaroo-2 appraisal well, offshore Brazil, was complete and preparations were underway to run the 9-5/8” test casing prior to starting the production testing program which will take place over the coming weeks. Karoon announced the spudding of […]

  • 28 January 2015
    Exploration & Production, Project & Tenders

    Karoon Gas Australia has completed drilling the first of two sidetracks of the Kangaroo-2 appraisal well, located in exploration Block S-M-1165, off Brazil.  A multi formation production testing program was successfully completed in the Kangaroo-2 vertical well, the results of which were announced December 23, 2014 and January 6, 2015. Karoon is the operator and […]

  • 24 October 2014
    Exploration & Production

    Karoon Gas Australia has taken possession of the Olinda Star semi-submersible drilling rig from Petrobras. The rig is currently in the Campos Basin and expected to be on location in the Santos Basin running anchors in the next few days. The rig is expected to spud the Kangaroo-2 appraisal well, offshore Brazil, during the second week of November. The […]

  • 23 December 2014
    Exploration & Production, Project & Tenders

    Karoon Gas Australia has informed that as at 0600 hrs AEST on December 23, 2014, production testing from DST-1A over the Maastrichtian A and B oil bearing reservoirs was continuing with a pressure buildup following a 12 hour main flow period. Karoon previously informed that the wireline logging for Kangaroo-2 appraisal well, off Brazil, was […]

  • 14 July 2014
    Business & Finance, Equipment, Project & Tenders

    Karoon has executed final agreements with members of the QGOG Constellation S.A. group for contracting the “Olinda Star” semi‐submersible drilling rig. The “Olinda Star” has been contracted to complete up to four wells in Karoon’s 65% owned and operated Santos Basin blocks, S‐M‐1037, 1101, 1102, 1165 and 1166. The rig contract consists of two firm wells […]

  • 26 November 2014
    Exploration & Production, Project & Tenders

    Karoon Gas Australia has informed that Kangaroo-2 appraisal well, offshore Brazil, has encountered multiple oil bearing zones.  The company said that as at 2000 hrs BRST on November 25, 2014 drilling had been completed at a total depth of 2,369 metres below rotary table (mRT) and a wireline logging program was underway. Five separate oil […]

  • 16 October 2014
    Business & Finance, Exploration & Production, Project & Tenders

    Karoon Gas Australia has informed the company expects to start the 2-4 well appraisal and exploration drilling campaign in the Santos Basin, off Brazil, during the second week in November 2014.  The primary objective of the upcoming drilling program is to drill the lower risk appraisal well in the Kangaroo oil discovery, off Brazil. During […]

  • 6 November 2014
    Exploration & Production, Project & Tenders

    Karoon Gas Australia has announced the spudding of the Kangaroo-2 appraisal well, offshore Brazil, at 2135 hrs BRST on November 5, 2014. Karoon says that the top of the reservoir section is expected to be penetrated within approximately 3 weeks with the well reaching total depth during December 2014. The Kangaroo-2 appraisal well is located in block […]

  • 2 March 2015
    Exploration & Production, Project & Tenders

    Karoon Gas Australia Ltd has announced the spudding of the Kangaroo West-1 exploration well, the second well in the current Santos Basin drilling campaign, off Brazil, at 0815 hrs BRT on February 26, 2015. The 26” hole section has been drilled to a depth of 1,106 mRT and preparations are under way to run 20” casing prior […]

  • 19 November 2014

    Karoon Gas has informed that its Kangaroo-2 well, offshore Brazil penetrated the target Paleocene reservoir at 1,660 mRT as indicated by increased LWD resistivity readings, elevated gas readings and oil shows seen in mud log cuttings from the reservoir section consistent with reservoir descriptions from Kangaroo-1.  Drilling will continue to total depth before running wireline logging designed to […]

  • 6 January 2015
    Exploration & Production, Project & Tenders

    Karoon Gas Australia Ltd’s Kangaroo-2 appraisal well, located in exploration Block S-M-1165, off Brazil, confirmed a 250 metre gross (135 metre net) oil column in Paleocene and Maastrichtian aged reservoirs, as announced on November 26, 2014. The company says that as at 0600 hrs AEST on January 6, 2015, production testing over the Paleocene A, B […]

  • 8 April 2013

    Australia’s oil and gas exploration company Karoon has started the drilling of its third Santos Basin exploration well in Brazil, with the spudding of the Bilby‐1 exploration well at 05:03 hours Brazilian Summer Time on 7 April 2013. Bilby‐1 is located within Block S‐M‐1166 and S‐M‐1037, and has multiple targets at several geological levels, including the Santonian, […]

  • 19 April 2013

    Karoon Gas Australia Ltd, advises that as at 06:00 hours BRST on the 19th April 2013, the Bilby-1 exploration well, located in Santos Basin, offshore Brazil, was drilling ahead in 17 ‘A ” hole at 1626mRT. Bilby‐1 is located within Block S‐M‐1166 and S‐M‐1037, and has multiple targets at several geological levels, including the Santonian, Campanian and […]

  • 20 March 2015
    Exploration & Production, Project & Tenders

    Karoon Gas Australia has reported that the Kangaroo West-1 exploration well, located in exploration block S-M-1165, off Brazil, had reached its planned total depth of 3,170 mRT. Based on mudlog and LWD petrophysical data, no hydrocarbons were intersected. The well intersected a good thick sealing unit before penetrating a thick sequence of Paleocene to Campanian interbedded sands and […]

  • 1 April 2015
    Exploration & Production, Project & Tenders

    Karoon Gas Australia has announced the spudding of the third well in the current Santos Basin drilling campaign, the Echidna-1 exploration well, at 1500 hrs BRT on March 31, 2015. The top of the reservoir section is expected to be penetrated within approximately 3 weeks with the well reaching a planned total depth of 2,400mRT during April 2015. […]

  • 28 March 2013

    Pacific Rubiales Energy Corp.  exercised its option to acquire a 35% interest in Block S-M-1166 held by Karoon Gas Australia Ltd.   through the funding and participation in the Bilby-1 exploration well, offshore Santos basin, Brazil. This will be the third exploration well the Company has participated in the Karoon blocks, following the Kangaroo-1 and […]

  • 16 December 2013

    Karoon has received written notification from the Agência Nacional do Petróleo (“ANP”) that the Discovery Appraisal Plan (Plano de Avaliação de Descobertas or “PAD”) for blocks S‐M‐1101, S‐M‐1102, S‐M‐1037, S‐M‐1165 and S‐M‐166 has been approved.     ANP Approves Karoon’s Discovery Appraisal Plan The PAD governs the next stage of the Concession Agreement and outlines […]

  • 31 January 2013

    Karoon Gas Australia today announced that at 6:00 hours Brazilian time on 30th of January 2013, wireline evaluation of the Kangaroo-1 discovery well in the Santos Basin, off Brazil, was nearing completion. When the current wireline program is complete, the Blackford Dolphin rig will finish at the Kangaroo-1 location and relocate to the Emu-1 prospect […]

  • 2 June 2014
    Business & Finance, Project & Tenders

    Karoon has entered into a binding Sale and Purchase Agreement with Origin Energy Limited for the sale of the Company’s 40% equity interest in Browse Basin exploration permits WA-315-P and WA-398-P for up to $800 million. Under the terms of the Agreement, the consideration payable to Karoon is structured as follows: – An upfront cash payment […]

  • 28 March 2013
    Business & Finance, Operations & Maintenance, Project & Tenders

    Pacific Rubiales Energy Corp. has elected to exercise its option to acquire a 35% interest in Karoon Gas Australia Ltd’s Santos Basin Block, S‐M‐1166. In consideration for acquiring the option interest in S‐M‐1166, Pacific Rubiales will fund the initial US$70 million in well costs along with 35% of costs thereafter relating to the Bilby‐1 exploration […]

  • 11 February 2013
    Business & Finance

    Karoon has kicked off the drilling of its second Santos Basin exploration well, with the spudding of the Emu-1 exploration well at 04:30 hours (Brazilian Summer Time) BRST on 10 February 2013. Emu-1 is located within Blocks S-M-1102 and S-M-1037, and has multiple targets at several geological levels including the Santonian, Campanian and Miocene. The […]

  • 20 April 2015
    Project & Tenders

    Karoon Gas Australia Ltd has announced that a 213 metre gross oil column has been confirmed in the Echidna-1 exploration well, in the Santos Basin offshore Brazil, from wireline pressure data across the Paleocene and Maastrichtian aged reservoir intervals. The well was spudded on March 31, 2015. According to Karoon, physical oil samples recovered measure a […]