Ann: Innamincka - Yarrow 3 Well MPLT Completed, page-2

ASX ANNOUNCEMENT
8 December 2022

Innamincka –Yarrow 3 Well MPLT Completed

HIGHLIGHTS
• Yarrow 3 Well activity by Santos continues
• MPLT has been completed and confirms relative contribution from the two zones
• Post-frac flowback indicated a stable rate of approximately 5.0 MMscf/d at WHP of 790psi on
36/64” choke

• Forward plan includes further analysis of pressure data to inform assessment of volumes
Red Sky Energy (ASX:ROG) (Red Sky or the Company) is pleased to advise that the activity by Santos Limited
(ASX:STO) (Santos) at Yarrow 3 Well continues after fraccing of the well was completed (refer to ASX
Announcement 23 November 2022).

Memory Production Logging Tool (MPLT) is now complete and this has confirmed the flow is in line with initial
data from the fracc with 85% from the Patchawarra formation and 15% from the Tirrawarra sandstone. The
forward plan is to continue monitoring over the next week to obtain pressure data which will be used in
estimation of volumes.

As per previous release, the post-frac flowback indicated a stable rate of approximately 5.0 MMscf/d at WHP of
790psi on 36/64” choke.

Commenting on the Yarrow 3 activity, Red Sky Managing Director, Andrew Knox, said:
“Red Sky is pleased to advise the contribution from respective zones is in line with expectations and we
look forward to providing further updates as they are received.”
Red Sky holds 20% working interest in six PRLs (14, 17, 18, 180, 181, 182) at the Innamincka Dome in the Cooper
Basin.