Karoon Gas Australia Ltd spuds the the Kangaroo West-1 exploration well, at 0815 hrs BRT on 26 February 2015.

The 26' hole section has been drilled to a depth of 1,106 mRT and preparations are under way to run 20' casing prior to recommencing drilling in the 17-1/2' hole section.

The top of the reservoir section is expected to be penetrated within approximately 3 weeks with the well reaching total depth during early April 2015.

The Kangaroo West-1 exploration well is located in block S-M-1165, on the western flank of the same salt structure as the Kangaroo oil field and has the same trap type and reservoir and seal intervals that have been mapped into the prospect from surrounding wells.

The well is designed to evaluate the salt-flank prospect on the western side of Kangaroo salt structure, approximately 4.5 kilometres from Kangaroo-2. The salt flank play was first proven by the oil discovery at Kangaroo-1 and further confirmed by the appraisal results at Kangaroo-2.

Tags: Karoon Gas Australia Ltd