CalEnergy Resources

CalEnergy Resources spudded the Pryderi-1 well offshore Western Australia in the Browse basin (Block WA-424-P), approximately 10 km from the permit’s Gwydion oil discovery. The well lies in 75 m of water and is testing not only the Pryderi prospect but also the possibility of another play thought by IPB Petroleumto extend from WA-424-P to WA-485-P. CalEnergy (25%) is the operator with partner IPB Petroleum (75%).