Speculant-1 well successfully spudded

abarrelfullabarrelfull wrote on 30 Sep 2014 06:03
Tags: australia origin upstream

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Origin Energy is pleased to announce that the Speculant-1 exploration well spudded at 04.00 hours EST on 23 September 2014. The well is being drilled using the rig Ensign 931.

Origin will only advise the market again when well operations have been completed with a summary of results, or of any event that is material.

The Speculant-1 well is situated approximately 3km off the Great Ocean Road in Nirranda South, about 30km south east of Warrnambool, Victoria. Extended reach drilling technology is being employed to access offshore gas reservoirs. Prognosed total measured depth of the well is approximately 3,800 metres.

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