At 06:00 hours (WST) today, Karoon advises that the drilling assembly at Zephyros-1 is being pulled
out of the hole in preparation to commence coring operations after intersecting the primary
reservoir objective.
The well intersected a sandstone interval characterized by a ROP (Rate of Penetration) increase,
sandy drill cuttings and an increase in the mudlog gas readings indicating a potential gas bearing
reservoir. Coring operations will be undertaken to allow more extensive analysis of rock properties
in potential reservoir intervals in the Zephyros-1 well.
On completion of the coring and drilling operations to Total Depth, wireline logging, pressure and
sampling programs will be used to define the thickness and properties of any sands penetrated and
the presence and characteristics of any movable hydrocarbons which they may contain.
At 06:00 hours (WST) today, Karoon advises that the drilling...
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