Cooper Energy Limited reports that Mills-1, an exploration well in PEL 92, Cooper Basin, South Australia, has been plugged and abandoned after reaching a total depth of 1,900 metres and failing to record any significant hydrocarbon shows.
Cooper Energy Executive Director, Mr Hector Gordon, said that the well has increased understanding of the southern portion of PEL 92 in advance of requirements to relinquish 50% of the permit in November 2013.
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