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Project : PEL-27 - NAMPARA/COWRIE - OIL/GAS RESOURCE

Mining
Onshore - oil & gas
  Estimated Project Value
$ 5,000,000
Address Otway Basin 25 km north east of
Suburb Robe
State SA
Council Robe
Postcode 5276
Project Type Resource - Oil & Gas - Onshore
Development Type New
Status Finished (i.e. no further info)
Stage Exploration, Drilling, Survey & Assessment
Ownership Private
Notes
No Further Information Available
Commence Date 3/7/2008
Completion Date 3/6/2010
Details
  • The minimum work commitment for this permit year 4 (term 4) is for one exploration well at an indicative cost of $500,000.
  • It is expected that a well will be drilled to test a Sawpit Sandstone objective.
  • Pel 27 covers 240 sqkm of the north western flank of the Penola Trough.
  • Essential Petroleum are the farmin partner for 20%.
  • Beach petroleum have 30% and Origin Energy have 50%.
 
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