Drilling Report No. 11 East Wing-1 Well at 0830 hours PEP 168 Otway Basin Victoria Essential Petroleum Resources Limited (ASX: EPR) advises that the East Wing -1 operation has set a cement plug across the top of the Belfast Formation to isolate the zones where gas shows have been detected within the Flaxman and Waarre formations, from the overlying permeable formations. A second cement plug has been set above deteriorating hole conditions to provide a hard base from which to commence the side tracking operation. The side tracking operation will take place at a depth of 1300mkB and will commence tomorrow morning after the cement plug has cured. The side tracked well will be drilled to the Eumeralla Formation a depth of approximately 2350mKB. Essential Petroleum owns 100% of the PEP 168 permit.
EPR Price at posting:
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