Cooper Energy recommences drilling with Callawonga-12 in South Australia

Cooper Energy has announced the spudding of Callawonga-12, an oil development and appraisal well located in PPL 220 on the western flank of the Cooper basin, South Australia. Source: Cooper Energy.

ADELAIDE, South Australia -- Cooper Energy Limited has announced the recommencement of drilling by the PEL 92 joint venture with the spudding of Callawonga-12, an oil development and appraisal well located in PPL 220 on the western flank of the Cooper basin, South Australia. The well spudded on Aug. 18. At 06:00 hours this morning, the rig was drilling ahead at 32 m in a 12-1/4-in. surface hole.

Callawonga-12, located 330 m northeast of the Callawonga-1 production well, is prognosed to drill to a depth of approximately 1,448 m to accelerate production, and potentially add reserves, from the McKinlay Member and Namur Sandstone reservoirs in the northeastern area of the field.

Following Callawonga-12, the rig will depart PPL 220 before returning in October to drill 1-2 exploration wells in the PRL 85-104 permits.

Cooper Energy holds a 25% interest in PPL 220, with the balance held by the operator, Beach Energy Limited.