Karoon Gas Australia Ltd's 2012 Browse Basin exploration drilling campaign has now commenced.

The Boreas-1 exploration well spudded at 02:30 (WST) on April 5, 2012. The proposed operation is to drill a 36" hole to planned casing point, then run and cement the 30" conductor prior to drilling ahead in a 17½" hole.

Boreas-1 is located approximately 2.5 miles (4 kilometers) south of Poseidon-1 in WA-315-P on a large tilted fault block which is part of the of the north-east trending structural high of the greater Poseidon structure. The objective of the well is to test the extent, presence and quality of reservoirs within the Boreas-1 fault block.

Tags: Karoon Gas Australia Ltd