Waitsia-4 drilling update AWE Limited (ASX: AWE), the Operator of Production Licences L1/L2 in the northern Perth Basin, Western Australia, advises that as at 06:00 hours (6.00am) AWST today the Waitsia-4 appraisal well was at 1,512 m Measured Depth below Rotary Table (MDRT) and drilling ahead in a 12 ¼ inch (311 mm) hole to the next planned section depth of 3,065 m MDRT, following the successful installation of 13 3/8 inch (340 mm) surface casing at 1,166 m MDRT.
Waitsia-4 was spudded on 10 July 2017 and is forecast to take approximately five weeks in total to complete. The well will be directionally drilled to a planned maximum total depth of 3,834 m MDRT (3,668m Total Vertical Depth Sub Sea-level). The well is designed to appraise the gas potential in the eastern extension of the Waitsia Field, with primary targets being conventional reservoirs in the Kingia and High Cliff Sandstones.
The well will be logged and if the results are positive, the well will be completed as a production well and a flow test may be performed. Waitsia-4 is the last appraisal well planned for the Waitsia field in 2017.
The Waitsia-4 appraisal well is located approximately 18.5 km south-east of Dongara, Western Australia, and 3.3 km north-northeast of Waitsia-3. The approved work program for the Waitsia-4 appraisal well does not include hydraulic fracture stimulation.
