---
title: "Clontarf Energy PLC (AIM:CLON) Sasanof-1 well completion"
publisher: "Share Talk"
author: "sharetalk"
published: "2022-06-14T06:19:12+00:00"
modified: "2022-06-14T06:19:12+00:00"
date: 2022-06-14
canonical: "https://www.share-talk.com/clontarf-energy-plc-aimclon-sasanof-1-well-completion/"
category: "Energy"
categories: ["Energy"]
tags: ["CLON", "Clontarf", "Clontarf Energy", "Dampier", "David Horgan", "Field", "gas", "Ghana", "Global Oil and Gas", "GLV", "John Teeling", "Mentorc", "offshore", "oil", "Petroleum Agreement", "PRM", "Prominence Energy", "prospect", "Sasanof", "Sasanof-1", "Western Australia", "Western Gas"]
image: "https://i0.wp.com/www.share-talk.com/wp-content/uploads/2023/11/Stencil-Google-Chrome-2023-04-19-at-2.47.43-PM.jpeg?fit=1231%2C615&quality=89&ssl=1"
format: "news"
language: "en-GB"
---

# Clontarf Energy PLC (AIM:CLON) Sasanof-1 well completion

**Published:** June 14, 2022
**Author:** sharetalk
**Categories:** Energy
**Tags:** CLON, Clontarf, Clontarf Energy, Dampier, David Horgan, Field, gas, Ghana, Global Oil and Gas, GLV, John Teeling, Mentorc, offshore, oil, Petroleum Agreement, PRM, Prominence Energy, prospect, Sasanof, Sasanof-1, Western Australia, Western Gas
**Featured image:** ![](https://i0.wp.com/www.share-talk.com/wp-content/uploads/2023/11/Stencil-Google-Chrome-2023-04-19-at-2.47.43-PM.jpeg?fit=1231%2C615&quality=89&ssl=1)

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**Clontarf Energy plc (AIM: CLON),** announces completion of the Sasanof-1 exploration well, located 207 km northwest of Onslow, Western Australia:

**The Operator, Western Gas (“WGC”) has provided the following update and review:**

· The Sasanof-1 exploration well was drilled by the Valaris MS-1 semi-submersible without incident. The rig has de-mobilised from the well location, and departed exploration permit WA-519-P on 12 June 2022.

· The well has been plugged and permanently abandoned, with wellhead infrastructure removed.

· The well was drilled to a total depth of 2,390 metres on 5 June 2022 and intersected the Lower Barrow Group target sands at a depth of 2252.9 metres true vertical depth sub-sea (TVDSS), just 3.9 metres below the pre-drill prediction.

· A preliminary evaluation indicates 40 metres of net sand was encountered. However, logs confirmed that the sands contained water, and no commercial hydrocarbons were detected.

· Initial technical analysis indicates that the expected western seal of the targeted stratigraphic trap was breached allowing migration of gas out of the Prospect.

· As planned, the well cost under US$25 million with a duration of 25 days.

**WA-519-P BLOCK PROSPECTIVITY**

The WA-519-P Block remains highly prospective, with material leads identified in the proven Lower Barrow Group and Triassic Mungaroo plays, as well as play opening leads in the Jurassic “Perseus” Syn-rift.

Clontarf and its joint venture partners intend to review and assess these leads with a view to progressing them to prospects, utilising data from the Sasonof-1 well , to support future exploration and targeted farm-out discussions.

**COMMENT – CLONTARF ENERGY**

“Sasanof was drilled on time, on budget and without incident, which is testament to the hard work and focus of our team, contractors and world-class service providers.”

“We also acknowledge the support of our joint venture participants – Western Gas, Global Oil and Gas, and Prominence Energy.”

“Clontarf will retain its 10% interest in the WA-519-P Block and will work with its JV partners in further evaluating the remaining exploration targets within the field, with a view to commence targeted farm-out discussions.”

“While Sasanof-1 did not intersect commercial hydrocarbons, we did show that a consortium of juniors can identify, work-up, fund and drill a high potential gas well in over a kilometre of water depth.”

” The partners will review deeper targets on this Block, utilising the Sasanof-1 well data, to progress new prospects through targeted farm-out discussions”.

“Recent geopolitical events show the need for Europe and Asia to secure additional LNG supplies. This requires exploration and development of additional gas reserves in reliable locations”.

**David Horgan**

**Chairman**

**Clontarf Energy plc**

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