Mud
logs
from
the
well
indicate
that
Moonta-1
is
gas
saturated
throughout
the
Permian
target
zone,
covering
multiple
intervals
over
a
total
target
zone
of
greater
than
one
kilometre.
Drilled
by
Ensign
916
rig,
the
well
reached
its
total
depth
of
3810
metres
on
23
April,
with
gas
found
stretching
from
the
Toolachee
formation
to
basement
at
the
bottom
of
the
Patchawarra
formation.
The
rig
will
spend
one
more
week
on
the
Moonta-1
well
site
for
evaluation
and
suspension
purposes,
before
moving
about
10
kilometres
south
east
to
spud
the
Streaky-1…
