Quadrant has found condensate-rich gas at the Roc-1 well in the WA-437-P permit offshore Western Australia. Reservoir-quality sands, including a net hydrocarbon interval of 33 ft, were confirmed by wireline logs from a zone between 14,370 ft and 14,501 ft. Pressure tests identified at least three discrete hydrocarbon columns in that zone, and formation fluid samples indicated a condensate ratio ranging from 20 bbl to 40 bbl per million cubic ft of gas. Quadrant is the permit operator with a 40% interest. Carnarvon Petroleum, JX Nippon, and Finder Exploration each hold 20% stakes.
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