THE first oil well drilled in the Perth Basin in several years has come up dry and will be plugged and abandoned. It was drilled to 2520 metres, pushing joint venture partners' share prices down by double digits.
The Ensign 970 which drilled the duster
The primary objective of the well was to test the oil potential in three Lower Permian zones: the Kingia Formation; the Dongara Sandstone, and the High Cliff Sandstone. It was the first time...
Energy News Bulletin (ENB) is the Asia Pacific region's most comprehensive source of daily energy news, providing unparalleled insight into the Energy sector through expert commentary and researched features.
ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive
ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.
ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.
This industry-wide report aims to understand current cost levels across the energy industry
Copyright © 2000-2024 Aspermont Ltd. All rights reserved. Aspermont Limited (ABN 66 000 375 048), PO Box 78, Leederville, Western Australia 6902
