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The Markets
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Energy

Carnarvon Petroleum, Quadrant Energy drilling ahead at Roc-1 well

Carnarvon Petroleum (ASX:CVN) and partners are drilling ahead at the Roc-1 well in permit WA-437-P, which is located in Australia's North West Shelf.

The 445 mm (17 ½”) hole has been drilled down to 1,341 metres and 340 mm (13 3/8”) casing has been set and cemented to this point.

Currently, the well was being drilled ahead in the 311 mm (12 ¼”) intermediate hole section at a depth of 1,425 metres.

The permit is around 20 kilometres south-east of the 2014 Phoenix South-1 oil discovery, and 150 kilometres north of Port Hedland.

Quadrant Energy (40%) is operator, Carnarvon holds 20%, with JX Nippon 20% and Finder Exploration 20%.

Forward Plan

The well will drill the 311 mm (12 ¼”) hole to a depth of around 3,500 metres, and then set and cement 244 mm (9 5/8”) casing.

Following that the well will drill ahead in the 216 mm (8 1/2”) reservoir section equivalent to where the oil was discovered in the Phoenix South-1 well.

Carnarvon Petroleum's Adrian Cook in Proactive Q&A Sessions™

Recently, Adrian Cook, managing director, spoke exclusively to Proactive Q&A Sessions™.

ACCESS the interview here.

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

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