Phase 1 of the Kumbarilla exploration programme has been completed safely and within budget with the final well in the programme, Kumbarilla Central 3 (KC3), reaching total depth of 1,073m on
An extensive suite of new subsurface data has been acquired in this initial exploration program, including over 200m of fullhole core, twenty gas desorption samples and in excess of 600m of subsurface image logs. This data has confirmed significant net coal development of 22m to 25m across the area, which exceeds pre-drill expectations. A critically important fracture network has also been confirmed as predicted. Further technical work will now integrate this new data with the existing seismic grid to determine the subsurface geomechanics of the Walloon Subgroup and identify locations where the confirmed fracture network is open and productive. These locations will be matured for inclusion in future phases of exploration across the Walloon Subgroup in the Kumbarilla area.
The second phase of the exploration programme will focus on the substantial conventional oil and gas potential at Kumbarilla. This represents one of Galilee's primary prospectivity objectives in this permit, which was originally released by the Queensland Government as a conventional block.
Considerable technical work on the permit has been accelerated by Galilee including the reprocessing of over 675km of existing 2D seismic data within and around ATP 2043. This work has already identified several structural leads at both the Permian and Jurassic reservoir levels along the regionally extensive Moonie-Goondiwindi Fault System (Fig 1), which also hosts the on-trend Moonie oil field. In addition to the presence of this major, basin-scale, structural trend, the
Savanna Rig 406 will be released today and immediately begin mobilisation to
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