Linc Energy begins drilling operations in South Australia
The first rig is expected to roll onto site later this month.
Mainboard-listed Linc Energy yesterday revealed that it has begun operations as part of its three well drilling program in the Arckaringa Basin in South Australia.
This drilling program is focused on the Boorthanna Trough which formed the basis for the majority of the prospective resources separately identified by Gustavson Associates and DeGolyer and MacNaughton.
To date, no previous drilling has intersected the formations at depth and the results of these wells will be important to understanding the basin in detail.