Waitsia-4 exceeds expectations

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.