North Erregulla Prospect
JV Partners Empire Oil & Gas 77.78% (Operator)
Norwest Energy 22.22%
Total Area 1197 km2
Operator Empire Oil and Gas (ASX:EGO) reports that the interpretation of the Black Swan Airborne geophysical survey is now complete, in addition to completion of the reprocessing of more than 400km of historical 2D seismic data.
Location of EP426 highlighting proximity to the AWE discoveries
North Erregulla Deep, located adjacent to Lockyer Deep, has now been matured to prospect status at the Kingia/High Cliff Sandstone level. North Erregulla Deep is located on trend with Lockyer Deep, and extends from EP368 into EP426.
North Erregulla Deep Prospect
The Lockyer-North Erregulla trend was proved oil-bearing at the Dongara sandstone level by the historic North Erregulla-1 and Lockyer-1 wells, however the deeper stratigraphic levels of the Kingia and High Cliff Sandstone were not reached in these wells and so remain untested. These are the targets that yielded a recent major gas discovery at Waitsia in adjacent acreage to the west, operated by AWE Limited. AWE previously announced that the combined flow test results of the Waitsia-1 well from the High Cliff Sandstone and Kingia Formation totalled over 50 mmscf/d. The extent of the Waitsia play into EP368 remains to be confirmed but the results of the recent AWE Irwin-1 well suggests that the Kingia reservoir fairway increases in thickness to the east and thus potentially into EP368.