Oil Recovered to Surface Confirms Xanadu Discovery
Tuesday 26 September 2017
Highlights
Wireline logs over a 330m section confirm reservoir quality sand intervals throughout the Irwin River Coal Measures (IRCM) with porosities ranging 15% to 16%
Three discrete sand intervals (A, B, C) at top of IRCM have log-derived hydrocarbon saturations between 41-66% with 4.6m of net pay in sand “A”
Fluorescence in rock cuttings observed while drilling and log-derived hydrocarbon saturations persist for 120m in sands below these upper zones
Further analysis of oil samples obtained from Xanadu-1 expected to substantiate Cliff Head analogue with oil assay results expected by end of week
Plans underway for up-dip side-track appraisal well from Xanadu-1 casing shoe with potential to be completed as commercial producer
Norwest Energy to lodge Xanadu Oil Field Discovery Notice with Minister of Mines, Industry, Regulation and Safety
Norwest Energy NL (Norwest), the Operator of Permit TP/15 provides the following update on the Xanadu-1 exploration well.
Background
Xanadu-1 is a conventional oil well located in TP/15, an offshore permit located in state waters, approximately 1.3km from the coastline. Xanadu-1 is a deviated well, drilled from an onshore surface location to an offshore target. The Xanadu-1 well is situated approximately 40km south of the township of Dongara, Western Australia.
The Xanadu-1 well was spudded on 4th September 2017, and reached a total depth of 2035 mMDRT on Sunday 17th September, when it was confirmed that the Xanadu-1 well had intersected hydrocarbon bearing intervals as demonstrated by elevated gas readings, oil shows, fluorescence and cut-fluorescence whilst drilling.
More - http://www.norwestenergy.com.au/assets/files/ASX%2...