UIL Energy identifies new leads at its Perth Basin (Scandinavian Oil-Gas Magazine)

UIL Energy identifies new leads at its Perth Basin

Published Jan 21, 2015

UIL Energy Ltd. provided an update on the Company's Perth Basin permits in Western Australia with identification of a substantial number of early stage conventional leads resulting from a recently completed technical study, UIL Energy has received historic 2D seismic data along with the drilling results of wells within, and adjacent to UIL Energy's central (EP 447, EP 488 and EP 489) and north Perth basin permits (EPA 82, EPA 98 and EPA 99).

The review has resulted in UIL Energy upgrading its technical assessment of the exploration potential in these areas. The review uncovered 14 exploration leads, five in UIL Energy's northern Perth basin permits and nine in its central Perth basin permits.

Tags: UIL Energy Ltd.

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