Card Creek ‘dry’
PA Wellington The Card Creek-1 well near Greymouth has not proved to be commercial. Petrocorp said that, following evaluation of the log tests done on the well, it has been plugged and abandoned.
It added that the Rock Drill 20 rig was released at 4 p.m. on Sunday. The well is about 12 km south-east of Greymouth and is the latest of a series being drilled in the district. Hopes were held for the well following Petrocorp reports of hydrocarbon finds, but the logs appear to have indicated no commercial finds.
Partners in the prospecting licence are: Minister of Energy, 41.4894 per cent; Petrocorp, 28.7234 per cent; Luxoil, NL, 12.7659 per cent; Petroleum Resources, Ltd (NZOG), 10.6383 per cent; Venture Petroleum, Ltd, 3.1915 per cent; and Oil Fields, NL, 3.1915 per cent _____
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Press, 18 February 1986, Page 30
Word Count
135Card Creek ‘dry’ Press, 18 February 1986, Page 30
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