The meat and potatoes of it:
The Wombat-5 well lies within the Company’s 100% owned Petroleum Retention Lease 2 (PRL 2), which contains an independently certified 2C contingent gas resource of 329 Bcf.
Based upon independent technical review (carried out by Stimulation Petrophysics Consulting LLC) the forecast productivity of the Wombat-5 lateral well is10 TJ/d.
It is envisaged drilling will commence around mid 2022 (subject to receipt of approval to drill).
Come back in a few months!
The meat and potatoes of it:The Wombat-5 well lies within the...
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