Dow Jones Business News Australia's Stuart Petroleum: Worrior Well Flows 2880Bpd Monday September 22, 10:16 pm ET
SYDNEY (Dow Jones)--Stuart Petroleum Ltd. and Cooper Energy NL said Tuesday that their Worrior One well near Moomba in South Australia flowed 2,800 barrels of oil a day from a drill stem test. The flow of 52.5 API oil was conducted over the interval 1,579-1,585 meters through a half-inch choke.
They said the significance of this new zone oil discovery will be fully evaluated later, with an examination of wireline logs.
Stuart has a 70% stake in the permit in the Cooper/Eromanga Basis, with Cooper owning 30%.
