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Tuesday, 02 December, 2008, 03:40 GMT | more >>

Stuart hails Worrior success



By Upstream staff 

Australia’s Stuart Petroleum said today the Worrior 5 and Worrior 6 development wells in permit PPL 207 of the Cooper-Eromanga basin had been successful and would now be completed for production.

Wireline logs for Worrior 5 indicated 9 metres of net oil pay in the McKinlay member and 12.5 metres of net oil pay in the Birkhead formation, Stuart said.

At Worrior 6, wireline logs indicated 12.5 metres of net oil pay in the McKinlay member and 6 metres of net oil pay in the Birkhead formation.

Both wells will be tied in to existing Worrior facilities and commence production two weeks after the respective drilling rig moves off location.

Stuart’s managing director Tino Guglielmo said, “The production potential from the McKinlay Member in Worrior 6 is the best the Company has observed in the Worrior oilfield&The impact on the company’s oil reserves will be evaluated after the wells are brought on line.”

Stuart holds a 70% operating interest in PPL 207, with Cooper Energy holding the remaining 30%.


Tuesday, 11 September, 2007, 06:33 GMT  | last updated: Tuesday, 11 September, 2007, 07:48 GMT

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