The following provides an update to the Hathi-1 exploration well located within PEL 514 in the South Australian Cooper Basin.
Spud Date: 13 September 2014
Planned Total Depth: 2,530 metres (subsea)
Current Depth: Total depth of 2,568 metres (MDRT*) reached at 0015 hours on 24 September 2014
Operations: Wireline logs complete, trace hydrocarbons, preparation for plug and abandon
Senex Energy Limited 80% (Operator)
Planet Gas 20% (free carried)
The EDA #4 rig will now move for the drilling of the Bagheera East-1 well.
The vertical exploration well is located in the northwest of PEL 514 situated approximately 10 kilometres northeast of Hathi-1. The Telopea Field and the Keleary Field are located 13 kilometres and 10 kilometres respectively southeast of Bagheera East.