Bounty Oil & Gas NL reported a successful start to the 2022 oil appraisal program at the Cooroo Northwest Oilfield; Naccowlah Block, SW Queensland. The well was spudded on 30 June 2022 and reached TD at 1,854 m MDRT on 4 July 2022. The well encountered good oil shows in both the Hutton and the Birkhead Formations.

Following wireline logging the operator will case and suspend the well as a future oil producer. This well continues the excellent results achieved with a 5-well program in 2019 and 2020 at the proved producing Cooroo Northwest Oilfield. The 2022 drilling is designed to further appraise and develop the producing zones at the Field.

Well details - Cooroo NW 7: Cooroo NW 7 was a directionally drilled (deviated) appraisal well.