Linc To Drill Three Exploratory Tests In Arckaringa Basin
Drilling Activity Details
Geo Coordinate
Drilling Activity Summary
Description
Brisbane-based Linc Energy Ltd. is preparing to drill three wells in South Australia's Arckaringa Basin as part of the next phase of exploration and development of an estimated 103 Bboe asset. Linc used a Baker Hughes study of the basin to design its three-well exploration program that will focus on the Boorthanna Trough. To date no exploratory drilling has intersected the formations at depth. Linc plans to follow the initial three-well program with a further three wells in 2015. Linc Energy holds more than 65,000 sq km within the Arckaringa Basin across seven Petroleum Exploration Licenses (PELs) and one Application (PELA).
Description
Brisbane-based Linc Energy Ltd. is preparing to drill three wells in South Australia's Arckaringa Basin as part of the next phase of exploration and development of an estimated 103 Bboe asset. Linc used a Baker Hughes study of the basin to design its three-well exploration program that will focus on the Boorthanna Trough. To date no exploratory drilling has intersected the formations at depth. Linc plans to follow the initial three-well program with a further three wells in 2015. Linc Energy holds more than 65,000 sq km within the Arckaringa Basin across seven Petroleum Exploration Licenses (PELs) and one Application (PELA).