Wait­sia-4 ex­ceeds ex­pec­ta­tions

The Australian Energy Review - - NEWS -

Awe-lim­ited’s Wait­sia gas field in the Perth Basin has been dubbed ‘one of the largest con­ven­tional on­shore dis­cov­er­ies in Aus­tralia’ af­ter re­cent drilling from the Wait­sia-4 well re­turned promis­ing re­sults.

AWE man­ag­ing di­rec­tor and chief ex­ec­u­tive David Biggs said the Wait­sia-4 ap­praisal well con­firmed the east­ern ex­ten­sion of the Wait­sia Gas Field by en­coun­ter­ing strong gas across a 150m gross in­ter­val in­clud­ing the Kin­gia and High Cliff Sand­stone reser­voir tar­gets.

“The com­bined data from Wait­sia-3 and Wait­sia-4 will al­low a com­plete re-eval­u­a­tion of the ex­tended Wait­sia Field and we an­tic­i­pate a fur­ther up­grade to Re­serves and Con­tin­gent Re­sources in the first half of FY18,” Mr Biggs said.

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