netherby1 discovery confirmed

AWE’s Netherby-1 discovery confirmed

Logging and evaluation of the Netherby-1 exploration well located in VIC/P44, approximately 4 kilometers north of the Henry-1 gas discovery, has been completed.

Good quality gas bearing Waarre A Sandstones were intersected and the extent of the new field is interpreted to be in line with pre drill expectations.

The well is currently being sidetracked and will be completed as a producer and tied by pipeline to Henry and Casino gas fields, as part of the Henry development currently underway.