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AWE's Latest Aussie Well Hits Holmwood, Carynginia Shales
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AWE Limited, the Operator of Permits L1/L2 in the Perth Basin, Western Australia, advises that wireline log and pressure data from the Waitsia-1 appraisal well confirm a 95m gross gas column across three conventional reservoir intervals in the Waitsia field, confirming initial results from the discovery well (Senecio-3) and identifying substantial upside potential.
Highlights: Results support previous 2C Resource estimates with potential for substantial upside Confirms 95m gross gas column across three conventional reservoirs Continuity of the conventional Kingia and High Cliff Sandstones established Considerable thickening of High Cliff Sandstone pay interval with improved reservoir qualityThe well was drilled to a revised total depth of 3,507m Measured Depth below Rotary Table…
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