Quote from the Santos AGM:
"In eastern Australia, gas from the Cooper Basin and Queensland coal seam gas fields supply our Gladstone LNG project.We drilled 108 wells and connected 96 new wells across our Cooper Basin fields in 2023.While this basin has been going strong for more than half a century, we are seeing very encouraging results for future production from a new play known as the Granite Wash.The Granite Wash is a resource within the Patchawarra Formation of the Permian Cooper Basin, located beneath the historical reservoirs in the Moomba field.It’s close to existing gas processing and transport infrastructure, reducing potential development and production costs."
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