UIL Energy Review Finds New Conventional Leads In Perth Basin

Drilling Activity Details

Locations

Australia

Operators
Plays
Post Date
Well Name
n/a
Geo Coordinate

Drilling Activity Summary

Description

A technical study by UIL Energy has identified a significant number of early-stage conventional leads in its Western Australia Perth Basin exploration permit area. According to the company, the review uncovered 14 exploration leads, five in its northern Perth Basin permits and nine in its central Perth Basin permits. Mapping indicates the leads range in size up to 50 sq km in area. They are primarily Jurassic in age, comprising the Cockleshell Gully (Cattamarra Coal Measures and Eneabba) and Cadda formations that contain the Gingin; Red Gully; Warro; Walyering; Mt Horner; North Yardanogo; Erregulla and Ocean Hill gas and liquids fields and accumulations in neighboring tenements. The 2-D and exploratory drilling data were accumulated for central Perth Basin blocks EP447, EP488, and EP489, and north Perth Basin blocks EPA82, EPA98, and EPA99. The 14 conventional leads are in addition to multiple unconventional tight gas leads that have been previously identified. Brisbane-based UIL Energy hopes to optimize drillsites to test both conventional and unconventional targets that may occur in stacked sequences. The company plans to further de-risk the leads by shooting 2D and 3D seismic over them in order to established drillable prospects. It is working on approvals and commercial arrangements with contractors for its proposed seismic program. UIL is the operator of all of these Perth Basin permits with majority interests in each.