The partners in Goolwa-1 in the Cooper / Eromanga Basin in South Australia have been disappointed by the results of the well.
A drilling report this morning said Drill Stem Test 1 conducted on Friday over the interval 2609.3 - 2631m in the Patchawarra Formation resulted in no fluid to surface and no recovery which indicates that the zone tested possesses very low permeability.
The well was drilled to a total depth of 2684 metres.
Partners are Beach Petroleum (Operator, 40%) and Great Artesian Oil and Gas (60%).
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