From the News Release-
OUTCOME OF PALTA-1 EXPLORATION WELL
WA-384-P – SOUTHERN EXMOUTH SUB-BASIN
Octanex N.L. (ASX Code: OXX) (Octanex) has been advised by Shell Development
(Australia) Pty Ltd (Shell) that the Palta-1 exploration well, operated by Shell and situated
within the WA-384-P permit (see Figure 1), has reached total depth and logging results
confirm that it did not encounter commercial hydrocarbons.
The well is currently being plugged and abandoned.
palta non-commercial, page-4
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