Logging tools and formation pressure tests confirmed at least two separate natural gas columns with excellent reservoir characteristics.
Zola-1 is located in the Carnarvon basin 60 miles north-northwest of Onslow, Western Australia, in water depths of 930ft.
A new seismic survey covering the Zola structure is planned later in 2011, the company said.
Apache Northwest, a subsidiary of Apache Corp, owns a 30.25% interest and operates the WA-290-P permit, which comprises approximately 119,000 acres.
Apache acquired its interest in WA-290-P as part of seven transactions completed last year that increased the company’s gross acreage in Australia by more than 40%.
Zola is the first well drilled on the acquired acreage.
