RELEASE PROGRESS REPORT NO. 4 (FINAL)- DRILLING OF COELACANTH 1 WELL VIC/P45 – OFFSHORE GIPPSLAND BASIN Moby Oil & Gas Limited (ASX Code: MOG) advises that the Coelacanth 1 well in Vic/P45 has drilled to a total depth of 3074 metres. No material hydrocarbons were encountered. Wireline logging operations have been completed and steps are now being taken to plug and abandon the well. Participants are: Apache Northwest Pty Ltd (Operator) 66.67% Moby Oil & Gas Limited 16.66% Exoil Limited 16.67%
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