Exploration/Development Briefs

11/19/2012
Australia Bengal Energy Ltd., Calgary, has spudded the first of a three-well exploratory program on ATP 732P in Australia's southeastern Cooper basin. The three wells target separate play types on the 654,335-acre Tookoonooka permit with potential for Cretaceous and Jurassic oil and Permian gas. Caracal-1, the first well, and the other two wells are projected to 1,600-2,000 m. The well locations were chosen based on their multizone potential with as many as four prospective zones at each location. The permit is in an area of established oil and gas production and infrastructure. Chad Simba Energy Inc., Vancouver, BC, said it has signed a production sharing contract with Chad for 100% inte...
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