Ann: Encouraging Gas Flow Recorded at Mt Kitty Ex, page-3

re: Ann: Encouraging Gas Flow Recorded at Mt ...
use of inclined or horizontal wells at Palm Valley gas field, Mereenie oil and gas field, and likely
at Surprise oil field. It is hoped to obtain data adequate to establish the source of the gas influx,
pressure data, and if present the direction and orientation of natural fractures.”
“Whilst it is too early to speculate on the commercial significance of the gas discovered in the
Mt Kitty 1 well until logging operations are completed and gas samples are analysed, it should
be noted that the geological parameters known to date are aligned with, if not better than, those
expected prior to drilling for example, the gr
oss Heavitree thickness is better than expected
prior to drilling”, Mr Cottee said.
In the last 12 months 1,587km of seismic has been shot in the Southern Amadeus Basin
providing a useful stepping stone to the future.
Central holds a 30 per cent working interest in the joint venture with Santos holding the other
70 per cent.