Area Drilling

Australia Magellan Petroleum Australia Ltd., Brisbane, and Novus Petroleum Ltd., Sydney, abandoned the Gregory River-3 ST 1 well on northern ATP 613P in the lightly explored Maryborough basin of Queensland.The well cut 386 m of early Cretaceous Gregory sandstone, the primary objective, but a flow test at 2,666-3,050 m yielded no gas. TD is 3,050 m.The drill site is 250 km north of Brisbane and 30 km south of Bundaberg. The companies each held 50% interest in the well. They did not specific further plans for the basin.MalaysiaTalisman Malaysia Ltd. reported its South Angsi No. 1 well discovered oil in Block PM-305 in two reservoir intervals, which will result in Talisman's second prod...

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