Ann: Innamincka - Yarrow Joint Seismic Acquisition Commences, page-2

Progress very nice





ASX ANNOUNCEMENT
10 October 2023
Innamincka –Yarrow Joint Seismic Acquisition Commences

HIGHLIGHTS

• Yarrow 3 seismic acquisition programme agreed covering parts of PRL14 and PRL17 has
commenced

• The seismic acquisition provides for Red Sky to be free carried through the programme

• Layout of nodes and recording of data to be completed in coming weeks

• Acquisition data remains on track to be received in Q4 2023

Red Sky Energy (ASX:ROG) (Red Sky or the Company) is pleased to advise that the planned Seismic Acquisition
programme with Santos Limited (ASX:STO) (Santos) to cover parts of PRL14 including Yarrow and PRL17 at the
Innamincka Dome in the Cooper Basin has commenced.

In preparation for the upcoming seismic acquisition, a timeline has been established. On 1 October 2023, the
survey crew was mobilised to site and surveying activities began on 4 October 2023. Looking ahead, the
recording crew is scheduled to mobilise to the site between the 12-13 October 2023 to commence the layout of
nodes with the data recording phase slated to kick off on 17 October 2023.

Commenting on the Seismic Acquisition commencing, Red Sky Managing Director, Andrew Knox, said:
“The seismic acquisition data remains on track to be received in Q4 2023 and is a pivotal step towards
full field development.”

The joint acquisition is cost effective and will result in a shared benefit area. Seismic acquisition will provide
valuable information about the subsurface structure, which is important to Red Sky’s placement of further
development wells and exploration activities.

Seismic acquisition plays a fundamental role in obtaining accurate and reliable subsurface information, helping
exploration companies make informed decisions about drill locations. The primary goal of seismic acquisition is
to create detailed images of the Earth's subsurface by measuring the way seismic waves propagate through
different layers of rock and other materials. These waves are generated artificially using a seismic source which
sends energy into the ground. The energy travels through the subsurface and reflects back when encountering
boundaries between different rock layers or other geological features.