Investor Presentaiton
Indicative FY20 drilling program
Record drilling activity in the Western Flank, offshore Otway drilling to commence
FY20 expected number of wells
Gas
Oil
Total
•
beach
Highlights
Record drilling activity for Beach in FY20 - up to 194 wells (FY19: 134)
7
77
84
•
Record Western Flank drilling, with 84 wells targeted (FY19: 42)
Western Flank
Cooper Basin JV
83
20
20
103
Total Cooper Basin
90
90
97
46
187
SA Otway Basin
2
0
2
Victorian Otway Basin
4
0
Perth Basin
Total Beach
30
Subject to change.
1
0
97
97
194
•
More than half of the wells drilled in the Cooper Basin will target oil vs gas
Offshore Otway drilling to commence, with up to 2 wells expected in FY20
• Increased application of horizontal drilling technology (up to 13 wells
planned) set to materially increase oil production
•
Cooper Basin JV expected to maintain 4 rigs and drill ~100 wellsView entire presentation