SapuraOMV to plug dry well off Western Australia

SapuraOMV will plug the Kanga-1 wildcat in Dampier subbasin permit WA-412-P offshore Western Australia. The well is dry.

The company, targeting the Jurassic-age Legendre formation, held hopes for success given the prospect was on trend and to the northeast of Woodside Group’s Goodwyn-Perseus-North Rankin gas and condensate fields and to the west of Mutineer and Exeter oil fields.

Pre-drill estimates held suggested potential for up to 170 million bbl of oil.

Kanga-1 was drilled by Diamond Offshore’s Ocean Apex semisubmersible rig. The well fulfills the exploration permit work program obligations.

SapuraOMV is operator with 70% interest. Finder Energy Holdings Ltd. and Fugro Exploration Pty Ltd. each hold 15%.