Santos Ltd spudded the Pallano East 1 exploration well in ATP 1189-P, located in the Cooper-Eromanga Basin, on 4 November 2018.Â  The well was drilled by the âEnsign 950â land rig.Â  On 12 November 2018 joint venture partner Bounty Oil and Gas reported that the well was being plugged and abandoned, after reaching a total depth of 1,973 m.Â  Oil shows were encountered in the target Birkhead and Hutton formation, across a number of sand units.  On 5 November 2018 joint venture partner Bounty Oil and Gas reported that the operator was running the surface casing, after reaching a depth of 556 m.  Pallano East 1 has a planned total depth of 1,964 m and is targeting the Birkhead and Hutton formations.Â  It is part of Santosâ ongoing exploration and appraisal campaign with the âEnsign 950â rig and is one of several exploration wells being drilled within ATP 1189-P.  ATP 1189-P, which covers an area of 9,151 sq km, was awarded on 1 January 2015.Â  The well is being drilled in block Naccowlah(a) which is held by Santos Ltd (55.5% + Operator), Beach Energy (38.5%), Bounty Oil and Gas NL (2%), Bridgeport Energy Ltd (2%) and Energy World Corp Ltd (2%).
Pallano E.-1 (Santos 55,5% (op), Beach 38,5%, Bounty 2%, Bridgeport 2%+ Energy World 2%) in ATP-1189-P / Naccowlah(a) block, P&Aâing oil shows at TD=1973m, Targets Birkhead + Hutton sst. 