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Karoon Gas fails to encounter hydrocarbons at Levitt-1 exploration well


Published Aug 12, 2015
Karoon Gas

As at 1930 AWST on 8 August 2015, the Levitt-1 exploration well in WA-482-P Carnarvon Basin, off-shore Western Australia reached a final total depth of 4,929 mRT.

No hydrocarbons shows were noted while drilling and petrophysical analysis of LWD data indicates the good quality reservoir of the Legendre and North Rankin formations to be water bearing at this location.

Since the June 2015 Quarterly Report, announced 31 July 2015, the 9-5/8' casing was run and cemented in place. The 8-1/2' hole section was then drilled 504 metres from 4,425 mRT to TD.

A wireline logging program is now underway. Once the wireline logging program is complete, the well will be plugged and abandoned, completing the current exploration drilling program in WA-482-P.

Tags: Karoon Gas Australia Ltd




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