Octanex N.L. announce that Santos Offshore Pty Ltd (Santos), the Operator of the Winchester-1/ST-1 exploration well drilled in the Dampier Sub-basin permit WA-323-P, has advised Octanex that their evaluation and analysis of data obtained from the well has been completed.
The most recent analysis of all wireline logs, pressure testing and formation sampling of the well that has been completed by Santos has confirmed the presence of additional hydrocarbons in the well.
On 18 July 2013, Octanex announced that the wireline logging of the section from 3614m to 3721m MDRT (measured depth below rotary table) contained approximately 40m of confirmed net gas pay.
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Octanex N.L.
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