Wednesday, 26 June, 2002
Hovea-2, northern Perth Basin, Western Australia
Perth, 26 June, OGT — ARC Energy NL has released the following report on the Hovea-2 exploration well in the northern Perth Basin in Western Australia.
Date: 26 June 2002
Permit: L1 (Dongara Exploration Area)
Surface Location of Well:
Lat 29deg 18'48.88" S
Long 115deg 02'41.05" E
AGD 84/AMG 50
KB elevation 80.8m
Present Depth: 68mKB
Time of Reporting: 07 00 hrs, WST 26 June 2002
Operations Since Last Report: Drill ahead to 375 m
Current Operations: Drilling ahead.
Operations next 24 hours: Drill ahead to first casing point.
Hydrocarbon Indications: The first potential reservoir objective could be encountered below 1800 m.
Participants in the well: ARC Energy NL 50% and Origin Energy Developments Pty Ltd 50%.
Choko
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