Final Seismic Evaluation Identifies Prospective Resource In Excess of 1 Tcf
Highlights:
- Exploration prospect inventory with total Best Estimate Prospective; Resources of 1,044 Bcf gas and 31.2 MMbbl condensate and LPG
- Upside potential identified in Lowlander, Ferrier 200 and Alexandra prospects
- Potential sufficient for a standalone gas project.
Australian energy company WHL Energy Limited
(ASX:WHN) (“WHL Energy” or “the Company”) is pleased to report that a portfolio with some 14 prospects with total best estimate Prospective Resources* of 1,044 Bcf of gas and 31.2 MMbbls of condensate and LPGs has been mapped on the fully processed volume of the La Bella 3D Seismic Survey. The survey data was acquired during November/December 2013 in the VIC/P67 exploration permit (WHN: 40% Operator) in the offshore Otway Basin, Victoria, in which AWE Ltd’s, subsidiary Peedamullah Petroleum also holds 60% equity.
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