Ann: 2018 AGM addresses and presentation, page-26

found it:
Acer Energy Spuds Cypress 1 Gas Well, Australia
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Acer Energy announced that the Cypress 1 wet gas exploration well was spudded on 25 November.
Cypress-1 is the first exploration well drilled as part of a three well exploration program targeting both wet gas and tight oil targets in PEL 103. Acer is the operator and 100% participant of PEL 103.
By virtue of the recent all-cash takeover bid which closed on 19 November 2012, Acer is a 94% controlled subsidiary of Drillsearch prior to commencing compulsory acquisition of the remaining outstanding shares.
Cypress-1 is targeting a large conventional wet gas prospect located 12km south of the Flax 1 oil and gas discovery and 12 km north-east and up dip from the Packsaddle Wet Gas Discovery which flowed 2.4 MMCFD.
Seismic interpretation has identified the continuation of multiple prospective wet gas sands in the Cypress Prospect from the Packsaddle Wet Gas Discovery.
The primary objective of the well is to test the wet gas potential of the Patchawarra Formation and Tirrawarra Sandstone. Secondary objectives are the gas potential of the Toolachee and Poolowanna formations and the oil potential of the Middle-Late Jurassic Birkhead and Murta formations. The target Patchawarra sands are estimated to contain 70 BCF gas in place (Mean) up to 123 BCF (High).
Cypress-1 is planned to be drilled to a total depth of 2,750 metres and is forecast to take approximately 23 days to reach its target depth.