Principal shareholders Origin Energy and Arc Energy report they have achieved substantial oil flows from two appraisal/ development wells in the Perth Basin,Western Australia.Well Jingemia 8,in offshore permit L14,flowed 3520b/d of oil and,as a permanent flowline has been installed,will be commissioned and tied to the Jingemia production facility.Well Hovea 12,in onshore permit L1,tested oil at 3230b/d and will be flowed to the Hovea production unit.
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