ABN 22 009 171 046
BULLSEYE PROSPECT: OPERATIONAL UPDATE
Jumonville #2 Bullseye Prospect, Iberville Parish, Louisiana, Non Operator 6.67% WI*
The Company advises that the Jumonville # 2 well is currently at 12,130 feet and is setting a 9 5/8? liner prior to drilling ahead to the targeted objectives.
Total depth is planned for approximately 14,200ft. The Jumonville #2 well commenced drilling operations on 25 December 2008.
The Jumonville #2 well targets three objectives: the Camerina, Miogyp and Cib Haz Formations. The primary target in the Jumonville #2 well is the deeper Cib Haz reservoir which is contained in the same hydrocarbon trap as the shallower productive intervals. Although deeper than the proven Miogyp reservoir and apparent pay in the Camerina section, it is considered to have a high probability of success, but is considered an exploration target since it has yet to be tested. In addition, the Jumonville # 2 well will penetrate the Miogyp updip from the oil production in the Jumonville # 1 well, providing additional confirmation of pay thickness and distribution of this reservoir..
* QPN will have a 5% working interest following back in rights of the project vendor.
On behalf of the Board of Directors
For further information contact:
Mark Freeman
Executive Director
Brett MitchellDirector / Company Secretary
To view Company Announcements, as well as additional information on the Company please visit our website:
www..qpnl.com.au
Quest Petroleum est une société développant des projet miniers et de pétrole basée en Australie.
Quest Petroleum détient divers projets d'exploration en USA.
Ses principaux projets en exploration sont SOUTH EAST LOST HILLS et BULLSEYE en USA.