Drillsearch Energy Limited is pleased to announce that Anakin-1, the first well in the Drillsearch-operated ATP 940P Joint Venture, was spudded Thursday, 19 September 2013 at 1am. This marks the start of an initial four-well shale gas and tight sands drilling program in Joint Venture with QGC, a BG Group business. ATP 940P is located in the Central Cooper Basin Nappamerri Trough Shale Gas Fairway in Southwest Queensland. Drillsearch as Operator holds a 40% interest with QGC holding 60%.

The four well program - Anakin-1, Charal-1, Padme-1 and Amidala-1 - will be drilled over the next year and will test the potential for gas production from unconventional shale and tight gas zones in the Nappamerri Trough in the Central Cooper Basin.

The primary targets of the drilling program are the shales of the Permian Roseneath and Murteree Formations and the sandstones of the Permian Patchawarra Formation. The secondary targets are the Sandstones of the Permian Daralingie, Toolachee and Epsilon Formations and Tirrawarra Sandstone.

Tags: Drillsearch Energy