Estimated $10m i think.
"DUKAS-1 (EP112) – NORTHERN TERRITORY
CTP – 30%, Santos (and Operator) – 70%
Dukas-1 is a gas prospect with multi-TCF potential located approximately 175 km south west of Alice Springs.
The structural closure appears to be in excess of 400 km2
, making it one of the largest-known onshore
conventional gas prospects in Australia.
The Dukas-1 exploration well was suspended at a depth of 3,704m in mid-2019, after encountering
hydrocarbon-bearing gas from an over-pressured zone close to the primary target.
During the December quarter, work progressed on assessing various options to intersect the target formation
using specialised high-pressure drilling equipment. A decision on the preferred option is expected early in
2021.
Central and Santos are targeting 1H of CY2022 to drill the follow-up to Dukas-1. This schedule allows the
opportunity to consider the various options and associated well designs, permits and approvals, and sourcing
of specialist high-pressure equipment and drill rig. The JV is currently working to finalise and approve a well
design and drilling schedule.
Central can be carried for the first $3 million of its share of the cost of the Dukas-1 follow-up well in certain
circumstances".
Estimated $10m i think."DUKAS-1 (EP112) – NORTHERN TERRITORY CTP...
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