Investor Presentaiton
"Core Beetaloo" Commercial Threshold
Tanumbirini #2H/#3H/Maverick #1H commercial flow rates would trigger EP 136 Maverick Pilot Development
Vertical Well
EP 161 Tanumbirini #1
Horizontal "Test" Well
EP 161 Tanumbirini #2H/#3H
EP 136 Maverick #1H
Horizontal Development Well
EP 136 Maverick Pilot Development
Middle Velkerri
Shale Target
0
B Shale
B Shale
~1000m lateral
~10 Stages
~3000m lateral
~30+ Stages
A
Mid-Velkerri A/B/C Shale
tested to define target zone
for Horizontal "Test" well
Provides initial indication of
commercial potential
Tanumbirini #1 flowtest (10
mmcf/d peak flow rate, 1.5
mmcf/d average rate 9 days)
Mid-Velkerri B Shale focus
Trigger for EP 136 Pilot
Development
>2 mmcfd = commercial
flow rate (30 days)
Mid-Velkerri B Shale focus
~8-10 development wells,
100 mmcf/d production
>6 mmcfd = commercial
flow rate (30 days)
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