DRILLING

Bounty unlucky but keeps moving

BOUNTY Oil & Gas' first well in its quest to expand the Murta oil zone surrounding the Utopia field in the Eromanga Basin has been unsuccessful.

Bounty unlucky but keeps moving

The company said electric logs run on the Ubute-1 well established the presence of thick sections of the Birkhead and Hutton sandstone with reservoir quality sands, but only traces of oil were present....

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A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

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