I’m most excited about Dukas… let’s hope it gets drilled soon!...

I’m most excited about Dukas… let’s hope it gets drilled soon!

DUKAS (EP112) – NORTHERN TERRITORYCTP – 30%, Santos (and Operator) – 70%Dukas is a gas prospect with multi-TCF potential located approximately 175 km south west of Alice Springs. The Dukas-1 exploration well was suspended at a depth of 3,704m in mid-2019, after encountering hydrocarbon-bearing gas from an over-pressured zone close to the primary target.Santos, the operator of the EP112 joint venture, has been assessing various options to intersect the target formation using specialised high-pressure drilling equipment. Central remains committed to progressing the Dukas prospect, with a decision by Santos on their participating interest in Dukas expected by 31 July 2021. Accordingly, further definition on a forward plan for the Dukas prospect is expected in Q3 CY2021.