DRILLING

Juniper to test extent of Flax discovery

An important test for Innamincka Petroleum’s Flax and Yarrow oil discoveries is underway with the spudding of the Juniper well in PEL 103.

Juniper to test extent of Flax discovery

Juniper is testing a possible extension of the Flax field six kilometres to the east. If successful in finding oil it would change the whole economics of the fledgling company’s two discovery wells.

A recent test to the south, Willowie-1, yielded oil but unstable well bore conditions and a tight reservoir led the company, along with 65% partner Vernon E Faulconer, to abandon the well.

The well will be drilled to around 2800 metres and would take two weeks to reach the target depth.

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