Karoon Gas Australia Ltd advises that at 06:00 hours (WST) today, Kontiki-1 was drilling ahead at
3406 mRT in 8-1/2” x 12-1/4” hole. Since the last report, the well was drilled from 3237 to 3265
mRT, intermediate 11-3/4” liner was run and cemented, and drilling continued to today’s depth.
The Transocean Legend semi-submersible rig is drilling the exploration well, which is operated
by ConocoPhillips.
Kontiki-1 is the second well in a multi- well drilling program in the Browse Basin permits WA-
314-P, WA-315-P and WA-398-P.
The Kontiki-1 well is located in WA-314-P, approximately 490km North of Broome, Western
Australia. Kontiki -1, with a planned total depth of 4610 mRT is targeting potential
hydrocarbons in the Middle and Upper Jurassic sandstones.
As with the recent gas discovery well, Poseidon-1, even if successful, Kontiki-1 is planned to be
plugged and abandoned following final well evaluation and production testing if applicable.
Karoon Gas Australia Ltd advises that at 06:00 hours (WST)...
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