EXPLORATION

Milne non-commercial as Carnarvon expands permits

CARNARVON Petroleum's quest to build a significant position in the Carnarvon Basin's shallow waters continues unabated having being awarded WA-524-P from the 2015 gazettal round, but non-commercial shows in the secondary target of its Roc-2 well with Quadrant Energy have dampened sentiment.

Milne non-commercial as Carnarvon expands permits

Carnarvon says Roc-2 had reached its total depth of 5290m, and over the past few days it had seen several sands with positive indications of hydrocarbons were intersected in the deeper Milne sands. Shows...

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