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    New Gas Discovery in Cooper Basin

    Investing News Network
    May. 04, 2015 02:47AM PST
    Oil and Gas Investing

    Australian Mining reported that a Drillsearch Energy and Santos joint venture have made a new gas discovery in the Cooper Basin in South Australia.

    Australian Mining reported that a Drillsearch Energy and Santos joint venture have made a new gas discovery in the Cooper Basin in South Australia.

    As quoted in the market news,

    The Emery-1 near-field exploration well in PEL 513, on the Western West Gas Fairway, was drilled to a depth of 3262 meters and showed gas from 2641 to 3174 metres, with stacked reservoirs identified.

    Drillsearch MD Brad Lingo stated:

    Emery-1 [is] our sixth wet gas discovery with Santos and our eight this year overall.

    Click here for the full Australian Mining report

    mining reportaustraliajoint venture
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