Red Sky Energy advised that the activity by Santos Limited (Santos) at Yarrow 3 Well continues after fraccing of the well was completed. Memory Production Logging Tool (MPLT) is now complete and this has confirmed the flow is in line with initial data from the fracc with 85% from the Patchawarra formation and 15% from the Tirrawarra sandstone. The forward plan is to continue monitoring over the next week to obtain pressure data which will be used in estimation of volumes.

As per previous release, the post-frac flowback indicated a stable rate of approximately 5.0 MMscf/d at WHP of 790psi on 36/64" choke. Red Sky holds 20% working interest in six PRLs (14, 17, 18, 180, 181, 182) at the Innamincka Dome in the Cooper Basin.