Bridgeport to spin bit in Utopia

South West Queensland: structural closures within the PL 214 Utopia Block

South West Queensland: structural closures within the PL 214 Utopia Block and the location of the Utopia-12 well

BOUNTY OIL & GAS

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Danica Newnham

 30 January 2013 03:18 GMT

Sydney-based Bridgeport Energy will soon launch a high impact oil development drilling programme at the Utopia oilfield in the Australian state of Queensland, with the spudding of the first well due next week, field partner Bounty Oil & Gas said.

Australia-listed Bounty said on Wednesday that drilling of the first development well, Utopia-12, will begin around 5 February. The well is located at the highest point on the currently producing oilfield, up dip from the most productive well, Utopia-2.

A second well, Utopia-14, is planned to follow the drilling of Utopia-12. This well will test a separate closure to the south-east of the main Utopia production area.

A Utopia-13 well is also planned to be drilled as part of the development programme but Bounty has elected to go non-consent on this well.

Bounty chief…

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