Support for domgas review, page-111

From Min Res Quarterly this morning

Perth Basin

The energy division commenced assembly of the new drill rig, the MinRes Explorer, during the quarter. When fully commissioned with the new MinRes crew deployed in the field from mid-2024, the rig will allow fast-track development of exploration and production wells across the onshore Perth and Carnarvon basins. MinRes Explorer is a fully containerised, low-operating cost onshore unit capable of drilling to 5,000m vertical depth using an automated drill floor. The latest Perth Basin seismic survey gas exploration campaigns commenced in December 2023 with the 100 line kilometre 2D seismic survey near Jurien Bay and will be followed by the 300 square kilometre 3D seismic survey at Dandaragan and Moora between January and March 2024. The drilling operation at Lockyer-5 gas well has commenced and will be completed by mid-February 2024. Lockyer-5 is located approximately 1.8km northwest of the North Erregulla Deep-1 discovery and is being developed as a production well. A Final Investment Decision on the gas processing facility is expected in the current quarter, while engineering is progressing according to plan and long-lead equipment procurement has commenced. Key environmental approvals for the processing facility will be submitted in February 2024, with the project subject to State Government agreement on LNG export.