Friday, March 21, 2008

Yarrow drill stem scents gas

Innamincka Petroleum is drilling ahead at a depth of 2735 metres in the Yarrow North-1 well in Queensland after a drill stem test brought small quantities of gas to the surface.

The company said it had run the test in basal Patchawarra/Tirrawarra sediments between 2716 and 2735 metres. It said the gas flowed to the surface for about 66 minutes before the isolating packer gave way. The company said that wireline logging would provide more detailed information once the well had been sunk to its target depth of 27770 metres. The well is being drilled on Queensland Petroleum Exploration Licence 103 about 120 kilometres north of Moomba. Innamincka operates the well with a 75% stake.

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