Cooper Energy Limited reports that Wyomi-1, an exploration well in PEL 92 on the western flank of the Cooper Basin, has been plugged and abandoned after reaching a total depth of 1816m and failing to record any significant hydrocarbon shows.

Cooper Energy Executive Director, Mr Hector Gordon, said that Wyomi-1 had been drilled to assess the western-most structural trend of PEL 92 in advance of the requirements to relinquish 50% of the permit in November 2013.

Mr Gordon said 'Wyomi-1 and Sharples-1, which was drilled earlier in the program, have improved our understanding of the limits of the productive Jurassic oil fairway of the western flank of the Cooper Basin and provided valuable information for the decisions that will be made on relinquishment later this year.'

Tags: Cooper Energy