Quadrant Energy

Quadrant Energy’s Roc-2 well has found a hydrocarbon-bearing reservoir on the WA-437-P exploration permit in the North West Shelf of Australia. The discovery was confirmed by logging-while-drilling results obtained before the well reached its total measured depth of 17,356 ft. Extensive logging and testing were under way following the completion of drilling. The company is the operator and holds an 80% interest in the permit, with the remaining stake held by Carnarvon Petroleum.