Drilling Commences at High Impact
Bast Deep Well
- McLeod 1705 has spudded and is now drilling ahead to test the potentially game-changing Cambrian Sands target at the Bast Deep prospect.
- Success in the Cambrian target at Bast Deep will allow prioritisation of additional Cambrian prospects identified to date that have a combined best estimate Gross Prospective Resource* of 4.2 million boe.
- Previous gas sampling conducted by Winchester has identified highly anomalous helium values up to 0.11% He in units overlying the Cambrian Sands. Helium potential exists and accordingly gas will be monitored during drilling.
- Several highly productive zones overlying the Cambrian Sands provide additional oil production options.
Ann: Drilling Commences at High Impact Bast Deep Well, page-3
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