Australia's Planet Gas Limited provided the following update to the Hathi-1 exploration well located within PEL 514 in the South Australian Cooper Basin.

Hathi-1 Exploration Well Spud Date: Sept. 13 Planned Total Depth: 7,710 feet (2,530 meters) subsea Current Depth: Total depth of 8,425 feet (2,568 meters) measured depth below rotary table (MDRT) reached at 0015 hours Sept. 24 Operations: Preparation for running wireline logs Participating Interest: Senex Energy Limited 80 percent (Operator); Planet Gas 20 percent (free carried) About Hathi-1 The Hathi-1 vertical exploration well is located in the northwest of PEL 514 situated approximately 11.8 miles (19 kilometers) northeast of the Tarragon Oil Field.

Tags: Planet Gas Limited