Area Drilling

New CaledoniaVictoria Petroleum NL, Perth, extended to 2,000 m the projected TD of a remote wildcat it is drilling in the West Coast basin on New Caledonia island.Cadart-1 on the Gouaro anticline in central New Caledonia had been drilled past 1,787 m by early January 2000. Main reservoir objectives are Paleocene fractured cherts, Middle Eocene basal sand units of middle to late Eocene flysch, and Cretaceous sandstones.PhilippinesThe Department of Energy issued rights to a 514,000-acre block on southern Cebu Island and in the Tanon Strait to E.F. Durkee & Associates Inc., Manila.Durkee will carry out surface geochemical surveys on parts of the area for Pacrim Energy and certain US interest...

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