Growler flows for Impress
The Growler oilfield development in the PEL 104 joint venture permit in
South Australia has reached a major milestone as both wells are open to
natural flow at a combined rate of 100 barrels of oil per day.
The Growler oilfield development in the PEL 104 joint venture permit in
South Australia has reached a major milestone as both wells are open to
natural flow at a combined rate of 100 barrels of oil per day.
Based upon well data, initial gross production rates of 300 barrels of oil
per day are expected from both wells during the extended production test.
The oilfield is estimated to contain 7.7 million barrels of proven and
probable reserves, with an expected recovery of 1.6 million barrels, Impress
Energy said in a statement today.
“The natural oil flow from Growler-1 & 2 marks the beginning of the extended
production test and is a significant step forward,” said Perth-based Impress.
Impress holds a 40% stake in the development, while Victoria Petroleum is on
40% and Roma Petroleum on 20%.
14 March 2008 07:16 GMT
| last updated:
14 March 2008 07:19 GMT
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