The US-focused company said on Thursday that preliminary log analysis had confirmed a number of potential pay zones in the well, which was spudded at the start of October on the Fairway project.
A completion and testing programme is now being designed. A completion rig is then expected to be mobilised to the site “as soon as possible”, Target said.
Wagga Wagga-1 targeted the Ellenburger, Fusselman and Wolfberry sections in the Permian basin.
The
