Jan 10 - AWE’s Rockhopper-1/st Drilling Update

Source Company Web Site
Company AWE Limited 
Tags Upstream Activities
Date January 28, 2010

The Operator of the Rockhopper-1/ST exploration well has issued a drilling update.

Rockhopper 1 and Rockhopper 1/ST 1 Exploration Well Update, Bass Basin, Tasmania Progress and Status:

Origin Energy, on behalf of the T/18P Joint Venture, advises that as at 06:00 hours EDT on Thursday 28 January 2010 the current operation at Rockhopper 1/ST 1 is running into the hole to core. The operations for the past week have been drilling 8 ½” hole from 2,106m to the current hole depth of 3,196 m, a total of 1,090m. The side track is designed to appraise the oil and gas zones discovered in the Rockhopper 1 well and is being drilled to intersect the main reservoir sections approximately 1.3km south and down dip from their penetration in Rockhopper 1. This will allow the volume of oil and gas discovered in the Rockhopper structure to be more fully evaluated.

Well type and location:

Rockhopper 1 is an exploration well located in exploration permit T/18P, operated by Origin some 38km west of the Yolla gas field and approximately 10km north-north-east of Trefoil 1. Rockhopper 1 and Rockhopper 1/ST1 are deviated wells drilled from the same surface location at:

Latitude: 39° 47’ 34.1828” S
Longitude: 145° 26’ 21.4660” E

T/18P Participating Interests:

Origin Energy Resources Ltd * 39.0% (Operator)

AWE Ltd 47.5%

CalEnergy Gas (Australia) Ltd 8.5%

Innamincka Petroleum Ltd 5.0% * a wholly owned subsidiary of Origin Energy Limited

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