The rig will be towed to the Casino Henry gas project, located in VIC/L 24 and VIC/L 30, where a workover of the Casino-5 well is to be undertaken.
On completion of the workover, Ocean Monarch will move to the Sole gas field to drill and complete the Sole-3 and Sole-4 production wells for development of the field as part of the Sole gas project. located in VIC/L 3.
The Ocean Monarch left offshore Fremantle yesterday, and is expected to take 25 days to reach its Otway destination, depending on weather conditions.
The Casino Henry gas project is a joint venture between Cooper Energy (50 per cent and operator), Mitsui E&P Australia (25 per cent) and AWE Limited (25 per cent).
The Sole gas field is 100 per cent controlled by Cooper Energy.