Well partner Karoon Gas Australia revealed on Monday the semi-submersible drilling rig Ocean America spudded the well over the weekend.
Levitt-1 is targeting a best estimate unrisked prospective resource of 220 million barrels and will test the presence of a working petroleum system generating from the Wigmore sub-basin.
The joint venture expects the North Rankin and shallower Legendre formations to contain hydrocarbons migrating from the oil mature source kitchen.
Levitt-1
