Santos Ltd spudded the Cocinero 6 oil appraisal well in PL 509, located in the Cooper-Eromanga Basin, in mid-February 2018.Â  In late February 2018 the well was suspended as a future oil production well, after reaching total depth.Â  Joint venture partner Beach Energy reported that 1.4 m net oil pay was encountered within the Murta Formation. The well was part of an ongoing appraisal and development programme at the Cocinero field, which was discovered in May 2014.Â  Cocinero 6 is the first appraisal well in the current programme, following three development wells.Â  Cocinero 6 was targeting the Murta Formation. PL 509, which covers an area of 40 sq km, was awarded on 5 May 2015.Â  Participants in the permit are Santos Ltd (25% + Operator), Vamgas Pty Ltd and Santos Petroleum Pty Ltd, both Santos subsidiaries, (5% and 25% respectively) and Beach subsidiaries Delhi Petroleum Pty Ltd (20%) and Lattice Energy Ltd (25%). Â 
Australia (Cooper - Eromanga B.s) Cocinero