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CORELLA RESOURCES LTD — Regulatory Filings 2012
Oct 11, 2012
64703_rns_2012-10-11_4b03cf75-2469-48ee-9067-3ce48c825dde.pdf
Regulatory Filings
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12 October 2012
ASX Announcement
Exoma Spuds Silverfox‐1 Shale Exploration Well
Exoma Energy Limited (ASX: EXE) is pleased to announce that it has spudded Silverfox‐1, the twelfth well of the Galilee Joint Venture’s 2012 exploration program. This well will be drilled using EDA Rig #1.
The well will be a test of the Toolebuc shale.
| **Exoma Energy Limited (ASX: EXE)**is pleased to announce that it has spudded Silverfox‐1, thetwelfth well of the Galilee Joint Venture’s 2012 exploration program. This well will be drilledusing EDA Rig #1. | **Exoma Energy Limited (ASX: EXE)**is pleased to announce that it has spudded Silverfox‐1, thetwelfth well of the Galilee Joint Venture’s 2012 exploration program. This well will be drilledusing EDA Rig #1. | **Exoma Energy Limited (ASX: EXE)**is pleased to announce that it has spudded Silverfox‐1, thetwelfth well of the Galilee Joint Venture’s 2012 exploration program. This well will be drilledusing EDA Rig #1. |
|---|---|---|
| The well will be a test of the Toolebuc shale. | ||
| Well Name | Silverfox‐1 | |
| Permit | ATP 1005P | |
| Location | GalileeBasin,approximately60kmsouthwestofLongreach, | |
| Queensland.Details are shown on the attached map. | ||
| Target | Target: Oil and gas in the Toolebuc shale. The well will be coredthrough the Toolebuc shale section and the core will be subject tolaboratory analysis.On completion of coring, the well will be deepened to provide depthcontrol to local seismic data. | |
| Planned Depth | Top Toolebuc Shale:424 mPlanned total depth1146 m |
Exoma has a 50% beneficial interest in both ATP 1005P and the Silverfox‐1 well. CNOOC Galilee Gas Company Pty Ltd is earning its participating interest by a farm‐in whereby CNOOC provides the first $50 million of joint venture expenditures on Exoma’s five Galilee Basin ATP’s.
FOR FURTHER INFORMATION
Rob Crook Chief Executive Officer +61 7 3226 5600
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