Arradale spud

ARRADALE-1 is due to be spudded this week, continuing a spate of renewed activity in the Northern Perth Basin this year.

Operator and 32.5 per cent stake-holder Australian Worldwide Energy has had one commercial find this year in the same basin, the Beharra Springs North-1 gas well, for which production testing will commence late next week.

The Arradale structure, in EP 368, is thought to hold up to 50 million barrels of recoverable oil. Keen interest in EP 368 in the past year has seen the list of interests expand to include Hardman Resources (22.5 per cent), Voyager Energy (20 per cent), Origin Energy (15 per cent) Norwest Energy (10 per cent).

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