The Banambu Deep-1 well reached a total depth of 4,696 m (15,406 ft) on June 26 in the Mungaroo Formation offshore the Carnarvon Basin in Western Australia, Cue Energy Resources reported.

The operator will complete the wire-line logging program and commence plug and abandon operations.

Since the last report, the hole was drilled through the primary and secondary reservoir objectives and wire-line logs were obtained. The fluvial sandstone units were intersected according to pre-drill prediction; however, both intervals are water-bearing.