Planet Gas (ASX: PGS) and Senex Energy (ASX: SXY) are preparing to carry out a four zone selective completion at their Sprigg-1 well in the Cooper Basin, South Australia.
The well had last year intersected 6.3 metres of net pay in the Murta Formation with hydrocarbon shows and fluorescence in the Hutton Sandstone, Tinchoo Formation and the Paning member.
Completion works will be carried out in four zones before swabbing operations are conducted.
Sprigg-1 is located in the central eastern sector of PEL 514 and just 4.5 kilometres from the Acrasia oil field.
Planet Gas has a 20% free-carried interest in Sprigg-1 under its initial farm-in and second agreement with operator Senex, which has a 80% stake.
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