Source - ADE ANN 02/09/09
Adelaide Energy Limited (ASX code: ADE) announces that it has been advised by the operator of the Permit of the impending commencement of drilling operations (“spud”) of the Wakefield #1 oil exploration well. The well is located within Petroleum Exploration Licence 218, near Innamincka in the Cooper Eromanga Basin of north east South Australia.
The well is expected to spud next week and will target multi zones to the top of the Permian. The well is planned to a total depth of 2380m.
OKAY - THE INTERESTING PART
The well is located 7 kms west of the Burley 2 well which had good oil shows but failed to recover commercial quantities.
I havent researched Burley 3 or Bulyeroo 1 yet
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