Kupe Re-Contracting Opportunity
EXPLORATION TARGET
PALM VALLEY DEEP
GAS
1770m
←
1500m
3553.2m
• Amadeus Basin, Australia
PRODUCTION
LATERAL OPTION
KEY OPPORTUNITIES
Near term development and exploration drilling
Improving commercial opportunities
Multiple short and medium term gas contracts
Improving average realised price
PALM VALLEY GAS FIELD
Acreage of 616km²
10 existing wells
Production facility
Pipeline linked to Northern Territory and East Coast
2065.6m
45°
GAS TARGET
37.5PJ [net to NZO
including Cue] 2U
unrisked prospective
resourses
PACOOTA
SANDSTONE
PALM VALLEY FIELD EXPLORATION, APPRAISAL AND DEVELOPMENT PROGRAM
DEVELOPMENT
Exploration and development targets
PV-12 net 2.5PJ of 2C Contingent
Increase rates by up to net 3.5TJ/d
Potential for low-cost
de-bottlenecking
EXPLORATION
UPSIDE
Deepening PV-12 well
Arumbera formation net 37.5PJ [2U
unrisked prospective resources]
JV reviewing plans for further
potential infill wells
*GAS SHOWS AT OFFSET WELLS
ARUMBERA
SANDSTONE *
2021
2022
2023
2024
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