WGP 11.1% 1.0¢ westralian gas and power limited

WESTRALIAN GAS & POWER LIMITED/231 Ord Street West PerthWestern...

  1. 1,937 Posts.
    WESTRALIAN GAS & POWER LIMITED
    /2
    31 Ord Street West Perth
    Western Australia 6005
    Po Box 198 West Perth
    Western Australia 6872
    Telephone: +61 08 9322 6955
    Facsimile: +61 08 9322 6722
    Email: [email protected]
    www.westraliangasandpower.com.au
    ABN: 53 109 213 470
    1 April 2010
    KALOORUP ROAD # 2 TESTING CONTINUES
    Phase two of Westralian Gas and Power Limiteds (ASX:WGP) Kaloorup #2 well has
    now been completed with the testing of the zone of interest over the interval of 327.7m
    to 334m.
    Samples of the fluids have been sent to the Amdel Laboratory for testing to identify
    anomalies noted during the dewatering of the zone. The results will dictate the next
    phase of the testing program which will commence following the Easter break.
    SHALE GAS
    WGP is well positioned to capitalise on the new shale gas activity in the Perth Basin.,
    AWE, WGPs new joint venture partner in EP-455, is testing for the shale gas potential
    of the Woodada deep well in the nearby permit.
    WGP is preparing a seismic program for its 100 per cent owned permit DR-11 adjacent
    to EP-455 to target shale gas drill sites.
    The company will target shales up to 300 metres thick. With existing infrastructure
    pipelines in place, WGP will be looking to supply the strong Perth domestic gas
    market.
    PETER BRIGGS
    EXECUTIVE CHAIRMAN
 
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Currently unlisted public company.

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