Cooper told the Australian Securities Exchange on Monday that oil development well Callawonga-9 was spudded on Saturday in permit PPL 220.
The vertical well, located 340 metres south of the Callawonga-2 and Callawonga-6 wells, is planned to be drilled to a total depth of about 1700 metres. It is expected to accelerate production from the Namur sandstone, as well as test the deeper Birkhead formation.
Cooper
