Stuart set to drill third Cooper well

STUART Petroleum expects to spud on July 14 the third and final well of its 2008 Cooper-Eromanga Basin exploration program that is targeting about 17.5 billion cubic feet of gas.
Stuart set to drill third Cooper well Stuart set to drill third Cooper well Stuart set to drill third Cooper well Stuart set to drill third Cooper well Stuart set to drill third Cooper well

Brew-1 in PEL 113 will be drilled by the Century Rig 3 to test a relatively large gas-condensate stratigraphic trap located against the northern flank of the Dunoon High where reservoir quality is expected to be similar to the nearby Cabernet gas field.

The well will be deviated through the Patchawarra Formation to penetrate a succession of potential reservoirs close to a reverse fault.

Stuart said success at Brew-1 could lead to the drilling of a second Subzero well to test the trap up dip of the significant shows reported in the Patchawarra Formation of Subzero-1.

Success at the proposed Subzero-2 could also lead to a re-entry of Subzero-1 for further testing, leading the Murteree Block joint venture to case and suspend Subzero-1 rather than the original decision to abandon the well.

Stuart has a 100% interest in PEL 113.

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