"The forthcoming well at Killanoola South-East-1 provides a good opportunity to add oil production to
our Otway operations, at a location which has been substantially de-risked for exploration purposes by
the oil discovery made in the 1990s at Killanoola-1. Interestingly, this old well has recently produced oil
to surface again, without the aid of a pump." From recent ADE announcement,
Surely a great sign that oil is coming to the surface without any pumping, 250,000 barrels sounds very exciting at $120 a barrel.
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