ARQ 0.00% 8.7¢ arq group limited

strong oil shows at dunsborough 2

  1. 495 Posts.

    AWE reports that the Dunsborough-2 well started drilling at 0900 hours (WA time) on March
    21, 2008. At 0600 hours today, the rig was recovering the core at a measured depth of 1,540
    metres.
    The well has intersected the primary target Dongara Sandstone high to prognosis where
    strong oil shows were encountered. A 24 metre core was cut in the reservoir sequence.
    Following completion of coring activities, the well will be drilled to a planned total depth of
    approximately 1,680 metres where interpretation of logs will help define the forward
    programme for the well.
    Dunsborough-2 is an appraisal well located approximately 2 kilometres south of the
    Dunsborough-1 discovery. The well is the final well of the three well programme in WA 286 P.
 
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