Ann: Gas Shows at Borba 1-7, page-4

Borba 1-7 discovers gas shows over a 190 ft interval in Kione Reservoirs
• Borba 1-7 drilling confirms the first Reservoir Target (first Anomalous Amplitude) with gas shows
adding confidence to interpretation of deeper gas reservoirs.
• Gas shows are in sandstones correlative with the productive Knight Sands and underlying Basal
Kione Gas reservoirs that produced Natural Gas from the adjacent Ord Bend Gas Field. Wells in
this field tested at rates up to 4,600 mcf per day from thin Knight Sands*
• Borba 1-7 drilled to 4,737 feet and will be drilled to test multiple stacked 3D seismic amplitude
anomalies in the interval from 3,200 feet (975 metres) to 9,500 feet (2,800 metres).
Sacgasco Limited (ASX: SGC) (“Sacgasco” or “the Company”) is pleased to announce that the Borba 1-7 well has
intersected anomalous gas shows in the first reservoir objective, called the Kione sands. The well intersected
high gas shows peaking at 65 units (13 times higher than the normal background gas level of 5 units).