Buru Energy has advised that the Ensign 963 drilling rig is currently being rigged up at the Rafael-1 well location after being moved the Currajong-1 well in the Canning Basin, Western Australia.
The operation is on time and on budget, with the company looking forward to the spud of Rafael-1 well.
The testing program for the Currajong-1 well is currently being finalised by the joint venture.
The current pan is to test several zones individually which will require additional equipment to that currently available inn inventory.
The equipment is expected to be available in four weeks’ time with the program to commence as soon as it is on site.
The test program is currently planned to take up to three weeks to test all of the zones.
Last month the company reported it has drilled the Currajong-1 well with the Ensign 963 drilling rig performing well with minimal rig-related downtime.
The company has drilled ahead in 311mm hole from the 340mm casing depth of 713 metres to the current measured depth of 1952 metres.
The project is a 50:50 joint venture between Buru and Origin Energy, with the Currajong-1 exploration well being drilled on a large structure that is defined by 3D seismic.
The structure has a vertical closure of over 200 metres and is fault bounded with two way dip closure.
It is expected to have similar good quality reservoir and oil properties to the Ungani Oilfield and is at similar depths.
Currajong-1 is the first well in the exploration program under the terms of the farmin agreements executed in December last year, under which Buru would be carried for $16 million of the costs of the drilling of the two exploration wells in the program – Currajong-1 and Rafael-1.
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