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SANTOS LIMITED Capital/Financing Update 2003
65872_rns_2003-04-08_6ac884a6-9fd1-4e4b-a52a-2afc20c56855.pdf
Capital/Financing Update
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PAN PACIFIC PETROLEUM NL
STOCK EXCHANGE ANNOUNCEMENT
9 April 2003
Market Information Services New Zealand Stock Exchange Level 9, ASB Bank Tower 2 Hunter Street WELLINGTON
Company Announcements Office Australian Stock Exchange Limited Level 4, Exchange Centre 20 Bridge Street SYDNEY NSW 2000
MONTGOMERY-1 DRILLING UPDATE
Pan Pacific Petroleum announces that the exploration well, Montgomery-1, in WA-149P, offshore Carnarvon Basin, Western Australia reached a depth of 820m, before being evacuated for tropical cyclone Inigo at 9.30am (WST) on Monday 7th April.
The Montgomery prospect is a dip closure mapped at base Cretaceous level, extending over 20km2. The well targets multiple reservoir seal pairs within the Cretaceous and Jurassic sequence.
Participants in Montgomery-1 well are
Apache Oil Australia P/L Tap (Shelfal) P/L Santos (BOL) P/L Pan Pacific Petroleum NL 48.815 % (Operator) 22.474 % 18.711 % 10.000 %
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Eric Matthews (Exploration Manager) Telephone: (02) 9957-2177 Website: www.panpacpetroleum.com.au
PAN PACIFIC PETROLEUM NL
