
May 22, 2022
Global Oil & Gas Limited is pleased to announce that Western Gas (“WGC”) has provided an operational update on the drilling of the Sasanof-1 exploration well.
Highlights
- Valaris MS-1 rig has arrived at the Sasanof-1 exploration well location on the North West Shelf.
- The MS-1 semi-submersible drilling rig completed the 190 NM mobilisation safely and efficiently under tow from the support vessel, GO Spica.
- While under tow the support vessel, Far Senator, continued logistical support operations, mobilising drilling mud, bulks and supplies from the Port of Dampier.
- Primary anchors are now being run and will be followed by deployment of the secondary and tertiary anchors, a total of 12 anchors will be set.
- Once anchoring is complete, spudding of the multi Tcf Sasanof-1 well will commence with jetting of the 36” conductor.
- This will be followed by drilling the 17-1/2” intermediate hole section.
ABOUT SASANOF
The Sasanof Prospect covers an area of up to 400 km2 and is on trend and updip of Western Gas’ liquids rich, low C02 Mentorc Field.
Sasanof is a large, seismic amplitude supported, structural-stratigraphic trap in the high-quality reservoir sands at the top of the Cretaceous top Lower Barrow Group formation on the Barrow Delta within the Exmouth Plateau.
Sasanof-1 will be Western Gas’ first well drilled from its extensive exploration portfolio surrounding the existing Equus Gas Project that contains a discovered resource of 2 Tcf and 42 MMbbl (2C Gaffney Cline2). The Equus Gas Project has a historic exploration drilling success rate of 88%, with 15 discoveries from 17 wells.
Authorised by the Board of Global Oil & Gas Limited.
For further information please contact:
Patric Glovac
Director
This article includes content from Global Oil & Gas Limited , licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.
GLV:AU
The Conversation (0)
15 January
Angkor Resources Advances Exploration On CZ Gold And Wild Boar Prospects, Andong Meas License, Cambodia
(TheNewswire) GRANDE PRAIRIE, ALBERTA TheNewswire - (January 15, 2026): Angkor Resources Corp. (TSXV: ANK,OTC:ANKOF) ("ANGKOR" OR "THE COMPANY") announces additional exploration to begin on its latest gold target, CZ Gold on the west side of the Canada Wall prospect on the Andong Meas... Keep Reading...
05 January
US Oil Stocks Gain as Venezuela Intervention Stirs Uncertainty
Oil prices moved uneasily at the start of the week as market participants digested the implications of a sudden US intervention in Venezuela over the weekend. Brent crude slipped as much as 1.2 percent in early trading on Monday (January 5), falling to around US$60 per barrel before recovering... Keep Reading...
05 January
Angkor Resources Signs Definitive Agreement to Sell Evesham Oil Production
(TheNewswire) GRANDE PRAIRIE, ALBERTA TheNewswire - January 5, 2026 - Angkor Resources Corp. (TSXV: ANK,OTC:ANKOF) ("ANGKOR" OR "THE COMPANY") is pleased to announce that it has completed the Definitive Agreement ("Agreement") with an arm's length party (the "Purchaser") to sell its 40%... Keep Reading...
24 December 2025
5 Best-performing Canadian Oil and Gas Stocks
The oil and gas sector closed 2025 amid sharp swings, as ample supply and uneven demand weighed on prices.Crude benchmarks trended lower through the year, with rising output from non-OPEC producers, led by record US production, and higher OPEC+ quotas creating a persistent supply overhang.After... Keep Reading...
22 December 2025
5 Biggest ASX Oil and Gas Stocks
Oil and gas are key energy fuels, and ASX-listed oil and gas stocks could benefit from their price moves. For the most part, 2025 was a volatile year for both the oil and gas markets. In the first half of the year, oil prices posted moderate gains, spurred on by rising tensions in the Middle... Keep Reading...
18 December 2025
Oil and Gas Market Forecast: Top Trends for Oil and Gas in 2026
The oil and gas market was punctuated by volatility in 2025. Oil prices softened as supply outpaced demand and inventories built. Brent and West Texas Intermediate (WTI) crude slipped in late 2025, with Brent dipping below US$60 per barrel and WTI hovering at US$55.Production increases from... Keep Reading...
Latest News
Interactive Chart
Latest Press Releases
Related News
TOP STOCKS
American Battery4.030.24
Aion Therapeutic0.10-0.01
Cybin Corp2.140.00





