Icon's Oz Cooper Basin Programme Gets Delayed
Sydney-listed Icon Energy said on February 10 its exploration programme in ATP 855 in Australia’s Cooper-Eromanga basin has been delayed.
“After extensive Covid-19 delays in preparation for the rehabilitation of the wells in ATP 855, the programme eventually commenced on 30th December 2020,” it said. “The first well, Halifax No 1, was successfully plugged over the deep gas zones.”
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Originally it was estimated that the entire programme for the five wells would take about 35 days. However, problems in Halifax delayed it. The well was suspended for later testing over the Callamurra Sandstone.
“While it is disappointing that the programme is further delayed it is essential to put safety first and suspend the remaining programme on the other three wells. A new timetable will be announced when this work is completed. A new quotation for the remainder of the work will be required,” it said.