Rodinia launches Drilling OperationsFinally...
Rodinia Oil Corp. Launches Drilling Operations in the Officer Basin,
South Australia "Mulyawara 1"
CALGARY, ALBERTA -- (Marketwire) -- 06/09/11 -- Editors note: There
are two photos associated with this press release.
Rodinia Oil Corp. (TSX VENTURE: ROZ) ("Rodinia") is pleased to
announce that it has spudded its first well, "Mulyawara 1", in the
Officer Basin of South Australia.
Rodinia began drilling Mulyawara 1 on the morning of Thursday June 9,
2011, Australian Central Standard Time. Rodinia has an 80% working
interest in this well and prospect, and is the operator. Drilling of
Mulyawara 1 is expected to take approximately six to eight weeks to
reach total depth after which prospective hydrocarbon shows will be
tested.
Mulyawara 1 is located in the northwest corner of PEL 253 in the
Officer Basin on a structure of approximately 36.3 square kilometres
(per horizon) in size as identified on seven separate 2-D seismic
lines. It will be drilled vertically to an estimated total drilling
depth of 2,700 metres to test five prospective reservoir horizons:
Murnaroo, Talina, Mundallio, Emeroo and Pindyin, the deepest of which
is the aeolian Pindyin sandstone (also called the sub-salt unit).
Rodinia's drilling contract with Ensign International Energy Services
includes four firm wells with the option for up to four additional
wells in the Officer Basin. Rodinia's second drilling location,
Kutjara 1, has recently been hi-graded and re-confirmed by additional
2-D seismic lines. Kutjara 1 is located in the west-central portion
of PEL 253 approximately 35 kilometres southeast of Mulyawara 1.