Driftwood dry

QUADRANT Energy (80%), Australia's most active offshore explorer, reported mixed drilling this morning with one duster and tantalising clues in its Roc-2 appraisal well.

At Roc-2, which is being drilled in the Bedout Sub-basin with Carnarvon Petroleum (20%), the drillbit has reached 3433m measured depth, just below the Cossigny Formation marker.