Projects
Recent Developments in the six months to 31 December 2009
The Wombat 4 well was drilled in the period to a total depth of 2,500 metres. This well was a tight gas discovery well. This well is also significant because it is the first time liquid hydrocarbons have been recovered from the Latrobe Group in the onshore Gippsland Basin. This well was drilled following 3D seismic which proved highly predictive. Four drill stem tests (DSTs) were conducted in the Strzelecki Group (primary target) and 3 DSTs in the overlying Latrobe Group (secondary target) and all zones flowed gas at indeterminate rates. Importantly, 27 prospective gas zones have been interpreted in the Strzelecki section with an estimated total potential production of 8.8 million cubic feet per day after fracturing. It is intended to re-enter this well later in 2010 to fracture stimulate several of the best tight gas zones.