Area Drilling

AustraliaApache Energy Ltd., Perth, in partnership with Nexus Energy Ltd., Melbourne, discovered three gas zones in its Grayling-1A wildcat in the Gippsland basin off Victoria.The Grayling prospect is on Vic/P54 updip, on trend, and 8 km northeast of ExxonMobil/BHP Billiton's Turrum oil and gas field.Although disappointed not to find an oil column, the joint venture said the discovery has confirmed the viability of the Cretaceous Golden Beach formation sands that underlie the Tertiary-Late Cretaceous Latrobe Group reservoirs that are the most important producing zones in the region.Apache elected not to test the three gas zones, which were interpreted from pressure measurement and sam...

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