Highlights:
- Additional 183 Bcf Prospective Resource identified in amplitude supported, exploration targets adjacent to La Bella field
- Upside potential confirmed in Highlander, Ferrier Upside and Alexandra
- Risk level of a number of structures reduced significantly
- Well planning and development concept evaluation commenced.
Australian energy company WHL Energy Limited
(ASX:WHN) (“WHL Energy” or “the Company”) is pleased to report on progress in the interpretation of an interim processed volume of the La Bella 3D Seismic Survey acquired in the VIC/P67 exploration permit (WHN: 40%) in the offshore Otway Basin, Victoria, in which AWE Ltd. subsidiary Peedamullah Petroleum also holds 60% equity.
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