• WM29 well drilled and cased across Stairway and Pacoota-1 Formations
• WM30 well spudded, designed to further increase Mereenie Field gas production
• Together, WM29 and WM30 expected to boost Mereenie gas rates

Horizon Oil Limited has announced the completion of the WM29 well, the first well in the Mereenie Development program. The well was drilled and cased across the shallower Stairway and Pacoota-1 Formations, with the casing shoe set at 1,213.4 metres TVDRT. Air-drilling continued to 1,326.3 metres TVDRT through the primary Pacoota-3 reservoir target, and the well was successfully completed. The WM29 tie-in is expected to be completed toward the end of January. The company also announced the spudding of WM30, the second development well in the Mereenie Development Programme, on 16 January. This well is being drilled at a crestal location along strike to the west of WM29 and is designed to further increase Mereenie Field gas production. The drilling program for this well incorporates insights gained from WM29. Together with the WM29 development well, WM30 is expected to boost Mereenie gas rates, enabling the Joint Venture to supply additional gas volumes into the recently executed Northern Territory Government Gas Sales Agreement.