Exxoma, CNOOC Spud Sixth Galilee Basin Well

Exoma Energy and CNOOC have spudded the sixth well of their 2012 exploration program in the Galilee Basin that targets shale oil and gas as well as conventional oil prospectivity.

Proactive Investors Australia has reported that Scotty Creek-1 will be drilled to log and recover chip samples in the Toolebuc shale before it is deepened as a low cost assessment of any underlying conventional oil prospectivity in the Jurassic Adori Sandstone.

This will provide further data for Exoma’s evaluation of the oil and gas resource in the Toolebuc Shale with analysis of the chip samples expected to provide additional information on the distribution of shale properties.

While targeted primarily at the shales, Scotty Creek-1 will be cased and suspended for testing if oil is encountered in the secondary target.

The well has a planned total depth of 1,053 metres and is located in ATP 1005P about 20 kilometres northwest of Longreach, Queensland.

Scotty Creek-1 is part of a 22 well drilling campaign Exoma and CNOOC are drilling to appraise the coal seam gas, conventional oil and shale oil and gas resources in their acreage, which covers 27,000 square kilometres.