RE: Frank Calabria talks about Origin’s 2019 Full Year Results22 Aug 2019 02:59
Operations
Beetaloo (Northern Territory)
Origin has a 70% interest in exploration permits over 18,500 km2
in the Beetaloo Basin. In February 2017, a 2C
contingent resource of 6.6TCF10 (100%) relating to the Velkerri B shale dry gas play was booked following a production
test of the Amungee NW-1H well. Interpretation of data obtained from the Amungee well, and other wells drilled in
the Beetaloo Basin indicates a promising exploration opportunity with four stacked, unconventional hydrocarbon
plays.
Stage 2 appraisal is underway, targeting the Kyalla and Velkerri shale liquids rich gas plays. Two horizontal appraisal
wells are planned to be drilled, fracture stimulated and put on extended production testing during FY2020. A number
of preparatory activities were completed during the year including sacred site clearances, other access negotiations,
water bore drilling to obtain baseline data, well pad and access road preparation, environmental approvals, and
securing all services required for the campaign including the Ensign 963 rig. Current well status:
• Kyalla - drilling and stimulation, water bore and civils Environment Management Plans have been approved
and water extraction licence is in place. Water bores have been drilled and access road and well pad
construction are nearing completion.
• Velkerri – water bore and access roads Environmental Management Plans have been approved and water
extraction licence is in place. Awaiting well pad civils and drilling and stimulation approvals. Survey work is
being completed and water bores are being drilled.
The objective of the Stage 2 campaign is to test the ability to flow liquids-rich gas from the two independent liquidsrich gas plays.
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