5 Feb 2007drilling progress report● Neutral
QGC weekly report: Kenya #3 (Origin CSG 40.625%) reached 735.6m with 25.5m of gassy coal, and Kenya #2 spudded 2 February. Routine reserves-certification and Incitec Pivot supply drilling.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
31 Jan 2007drilling progress report● Neutral
Beach weekly report: Wilpinnie-4 (Origin 7%) is cased and suspended; Coonaberry-2 (Origin 16%) and Moorari 12 (Origin 13%) are suspended because of road closures. No new results.
29 Jan 2007drilling progress report● Neutral
QGC weekly report: Kenya #7 (Origin CSG 40.625%), the tenth Incitec Pivot well, reached 697.5m with 25.7m of gassy coal and awaits a workover rig. Kenya #3, a reserves-certification well, spudded 27 January.
29 Jan 2007drilling result● Neutral
Victoria Petroleum confirms Wilpinnie-4 (Tomcat) is cased and suspended at 1,587m for production testing, with an 18m oil zone. Repeats the earlier result; Origin's 6.595% applies only if commercial production is proven.
25 Jan 2007drilling result▲ Good
Wilpinnie-4 (Tomcat) found an 18m oil column from 1,476-1,494m in the Mid Namur and will be cased and suspended as a future producer. Test flows were limited (about 144 bopd). Origin holds 6.595% if commercial.
25 Jan 2007drilling result▲ Good
Victoria Petroleum confirms Wilpinnie-4 will be cased for later production testing, with a gross 18m oil zone in the Mid Namur. Repeats the Impress result; Origin holds 6.595% if commercial production is proven.
24 Jan 2007drilling progress report● Neutral
Beach's weekly report: heavy rain has delayed Cooper Basin drilling. Wilpinnie-4 (Origin 7%) is at 1,586.8m with the second test showing the tool plugged; Coonaberry-2 (Origin 16%) is at 2,297m. Routine.
23 Jan 2007drilling progress report● Neutral
QGC weekly report: Kenya #9 (Origin CSG 40.625%) reached 688m with 27.2m of gassy coal and Kenya #7, the tenth Incitec Pivot well, spudded 20 January. Completes the drilling of the ten-well program; routine.
22 Jan 2007drilling progress report● Neutral
Wilpinnie-4's second test failed because the tool plugged on opening. The well reached 1,587m, and logs suggest an oil zone from 1,476-1,494m. Origin's 6.595% interest depends on commercial production, still unproven.
19 Jan 2007drilling progress report● Neutral
Victoria Petroleum repeats the partial first test result (about 144 bopd estimated, packer seat lost) and says the second test, DST-2, is being run at Wilpinnie-4 (Origin 6.595% if commercial). No new result.
18 Jan 2007drilling progress report● Neutral
Wilpinnie-4 (Origin 6.595% if commercial) is running its first drill stem test over the oil shows in the mid Namur sandstone. Oil shows are about 17m higher than in Wilpinnie-3; no test result yet.
17 Jan 2007drilling progress report● Neutral
Beach's weekly report: Wilpinnie-4 (Origin 6.6%) at 1,469m preparing to core the Namur sandstone; Cowralli 8 (Origin 13%) cased and suspended at 3,223m; Coonaberry-2 (Origin 16%) at 780m. Routine Cooper Basin drilling.
16 Jan 2007drilling progress report▲ Good
Victoria Petroleum says Wilpinnie-4 (Tomcat, Origin 6.595% if commercial) is at 1,469m with oil shows in the mid Namur sandstone, about 17m higher than in Wilpinnie-3. Encouraging shows only; no test results yet.
15 Jan 2007drilling progress report● Neutral
QGC weekly report: Kenya #8 (Origin CSG 40.625%) is cased and suspended and Kenya #9, the ninth of ten Incitec Pivot wells, was spudded 14 January. Routine coal seam gas drilling.
15 Jan 2007drilling progress report● Neutral
Victoria Petroleum says Wilpinnie-4 (Tomcat, Origin 6.595% if commercial) is at 1,098m after setting surface casing at 306m, planned to 1,586m. Back on track after the re-spud; no oil results yet.
11 Jan 2007drilling progress report▼ Bad
Victoria Petroleum says Wilpinnie-4 (Tomcat, Origin 6.595% if commercial) is preparing to skid the rig and re-spud after surface casing difficulties. A setback; prospect details otherwise unchanged.
10 Jan 2007drilling spud● Neutral
Victoria Petroleum confirms Wilpinnie-4 (Tomcat prospect) started drilling 9 January, drilling at 264m, to about 1,586m. Origin would hold 6.595% if commercial. Repeats the Impress announcement.
10 Jan 2007drilling progress report▲ Good
Beach's weekly report: Itchy 1 (Origin 13.19%) flowed 2,174 bopd on test and was cased and suspended. Ramses-2 (Origin 16.7%) flowed 588 bopd from the Poolowanna Formation. Small Cooper Basin interests for Origin.
10 Jan 2007drilling spud● Neutral
Impress Energy says Wilpinnie-4 (Tomcat prospect) in PPL 93 spudded 9 January, operated by Santos. Origin holds 6.595% if it proves commercial. Target is Mid Namur oil, pre-drill 3.5 MMbbl recoverable (P50). Continues the Tomcat thread.
3 Jan 2007drilling progress report● Neutral
Beach's weekly report: Wackett-13 (Origin 13%) was cased and suspended after a test recovered about 8.2 bbl of oil. Ramses-2 (Origin 16%) is at 2,935m. Routine Cooper Basin activity.
3 Jan 2007drilling progress report● Neutral
QGC weekly report: Kenya #11 (Origin CSG 40.625%) is cased and suspended, and Kenya #10, the seventh of ten Incitec Pivot wells, was spudded 20 December. Routine coal seam gas drilling.
20 Dec 2006drilling progress report● Neutral
Beach's weekly report: Psyche-5 (Origin 16%), Yanda-25 (Origin 25%) and Biala-14 (Origin 13%) were cased and suspended. Ramses-2 (Origin 16%) is running surface casing. Routine Cooper Basin activity.
19 Dec 2006drilling progress report● Neutral
QGC weekly report: Kenya #18 (Origin CSG 40.625%) reached 687m with 28.1m of gassy coal, and Kenya #11, the sixth of ten Incitec Pivot wells, reached 697m. Routine coal seam gas drilling.
13 Dec 2006drilling progress report● Neutral
Beach's weekly report: Yanda-22 (Origin 25%) was cased and suspended as a Murta oil producer, and Big Lake-83 (Origin 13%) and Psyche-5 (Origin 16%) reached total depth. Routine Cooper Basin activity.
11 Dec 2006drilling progress report● Neutral
QGC weekly report: Kenya #17 and #18 in PL 228 (Origin CSG 40.625%) are the fourth and fifth of ten wells for the Incitec Pivot contract. Kenya #15 hit 24.9m of gassy coal. Routine coal seam gas drilling.
6 Dec 2006drilling progress report● Neutral
Beach's weekly Cooper Basin report: Yanda-21 (Origin 25%) was cased and suspended as a Murta oil producer, while Big Lake-83 (Origin 13%) and Yanda-22 (Origin 25%) kept drilling. Routine joint venture activity.
5 Dec 2006drilling result▼ BadMajor
ARC reports Lyginia 1 (Origin 50%) reached 2,345m and found the Dongara Sandstone 12m deeper than expected, but preliminary logs show no hydrocarbons. It is a dry first exploration well after the Eremia 6 and other Perth Basin successes.
5 Dec 2006drilling result▼ BadMajor
Origin's own release confirms Lyginia 1 (Origin 50%) reached 2,345m; the Dongara Sandstone came in about 12m deeper than expected and logs indicate no hydrocarbons. The well is being plugged and abandoned. Repeats the ARC result already reported: a dry first exploration well.
30 Nov 2006drilling progress report● Neutral
ARC reports Lyginia 1 (Origin 50%) drilling ahead at 949m after setting casing at 602m. No hydrocarbon indications are reported; the Dongara Sandstone target is expected around 2,215m.
29 Nov 2006drilling progress report● Neutral
Beach's weekly report: Yanda-24 (Origin 25%) was cased and suspended as a future Murta oil producer. Yanda-21 reached 1,949m, and Big Lake-83 (Origin 13.19%) is drilling. Routine Cooper Basin development activity.