Drillsearch Energy Limited announce detailed results from the Stunsail-1 oil discovery in PEL 91 on the Western Flank Oil Fairway of the Cooper Basin, which was announced to the ASX on 28 March 2014. Drillsearch owns 60% of PEL 91. Beach Energy, the operator, owns the remaining 40%.

The Stunsail-1 well, located 16 kilometres northeast of the Bauer field in PEL 91 and 14 kilometres southwest of the Growler field (Senex 60%, Beach 40%), exceeded expectations by encountering both a thicker oil column at the main target level and discovering multiple hydrocarbon bearing zones.

Tags: Drillsearch Energy