OIL

Stuart, Cooper tick off two more Worrior producers

WORRIOR partners Stuart Petroleum and Cooper Energy have added another two oil production wells t...

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Stuart, as operator, told the ASX yesterday it planned to complete the Worrior-6 and Worrior-6 development wells for oil production.

“The production potential from the McKinlay Member in Worrior 6 is the best the company has observed in the Worrior oilfield and appears unaffected by existing field drainage,” Stuart’s managing director Tino Guglielmo said.

“The impact on the company’s oil reserves will be evaluated after the wells are brought online.”

Wireline logs for Worrior-5 indicate 9m of net oil pay in the McKinlay Member and 12.5m of net oil pay in the Birkhead Formation, Stuart said.

Meanwhile, wireline logs for Worrior-6 indicate 12.5m of net oil pay in the McKinlay Member and 6m of net oil pay in the Birkhead Formation.

Stuart plans to complete the wells for production from both zones. The Murta Formation is also being evaluated in both wells.

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