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Project : PEL 115 - OIL & GAS RESOURCE - VENTURA

Mining
Onshore - oil & gas
  Estimated Project Value
$ 10,000,000
Address Cooper Basin via
Suburb Innamincka
State SA
Council Unincorporated
Postcode 5731
Project Type Resource - Oil & Gas - Onshore
Development Type New
Status Possible
Stage Sketch Plans
Ownership Private
Notes
Production Testing In Progress
Commence Date 2/1/2007
Completion Date 6/6/2012
Details
  • Prospects include Hornet and Ventura.
  • PEL 115 covers 1,106 square kilometers on the south eastern edge of the Cooper Basin.
  • Due to its location close to current producing fields, the block is broken up into six separate areas.
  • The drill stem test at Ventura 1 is in response to good oil shows.
  • Drill stem test 1 recovered 2 barrels of mud/oil.
  • Drill stem test 2 recovered 44 barrels of clean oil.
  • Other participants in the well include Roma Petroleum.
  • Impress Ventures, Entek Energy and Tacnas.
 
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