- WORLD EDITIONAustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
Purpose Bitcoin ETF
Silver47 Exploration
First Helium
CI Galaxy Bitcoin ETF
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
Proactive Investors reported that Real Energy Corporation Ltd. (ASX:RLE) expects to spud its Tamarama-1 well by the end of this week.
Proactive Investors reported that Real Energy Corporation Ltd. (ASX:RLE) expects to spud its Tamarama-1 well by the end of this week. The well is “designed to confirm the presence of gas in the Toolachee and Patchawarra formations and to determine reservoir production potential.”
As quoted in the market news:
Any commercial gas discovery will find ready customers given the growing demand in eastern Australia with the liquefied natural gas export projects at Gladstone driving pricing.
The Ensign International drill rig 916 has been mobilised and is now been rigged up at the wellsite in ATP 927P.
Two additional wells, Queenscliff-1 and West Flynnes-1, have been scheduled for drilling subject to results of the Tamarama-1 well.
Successful wells will be cased and suspended for flow testing in early 2015.
Latest News
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.