REVIEW OF OPERATIONS
The principal activities of the Group during the half-year were oil and gas exploration.
EXPLORATION ACTIVITIES
WHL Energy’s exploration focus has sought to increase the value of its exploration assets through the acquisition and interpretation of 3D seismic data. This increase in value is intended to be used to support a secondary farmout campaign aligned with the Group’s strategy. The medium term strategy of the company remains the acquisition of near term production to provide an ongoing revenue stream.
WHL Energy has made an application to surrender the 33.3% interest in WA 460P and will have no further commitments for this acreage. There are no exploration wells expected in the calendar year 2015.
The period under review has been very active with the evaluation of the data from seismic surveys previously undertaken and future plans being developed in consultation with joint venture partners.
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