The company has carried out pressure information analysis and physical sampling of seven oil samples, which has revealed 33 degree API gravity oil, while the remaining samples will be sent for laboratory testing.
Based on the shallowest oil interval down to the proven oil water contact, a potential gross column of about 560m has now been confirmed in the discovery.
During the tests, the net oil bearing reservoir has been estimated to be around 70m, while reservoir porosity values have been interpreted to be up to 23% from wireline logs, said Karoon.
The established stratigraphic extent of the oil bearing reservoirs now includes inter-bedded sands in the Eocene, Paleocene and Maastrichtian age rocks.
