First Floor, 14 Outram Street, West Perth WA 6005 Telephone: +61 8 9481 3322 PO Box 913 West Perth WA 6872 Facsimile: +61 8 9481 3330
th Date: 9 January 2005 To: Companies Announcements Office, ASX Electronic Lodgement: Number of pages: 2
ANNOUNCEMENT TO ASX
DRILLING RELEASE 1: EMILY#1 PEL-182, COOPER / EROMANGA BASIN, S.A.
th Eagle Bay Resources advises that the Emily-1 oil and gas exploration well spudded at 23:00 hours on 7 January 2006 and is drilling ahead with 12 ¼" surface hole to 800m and then set 9 5/8" surface casing.
th The status of Emily-1 at 06:00 hrs (CST) on 9 January 2006 was:
Location: PEL-182 Planned Total Depth: 2364 metres (TVD) Current Depth: 448 metres Operation: Drilling ahead to 800m th Spud: 23:00 hrs 7 January 2006 Participants in the Emily-1 well are:
Eagle Bay Resources (Operator) 37.6% Audax Resources Ltd 39.9% White Sands Petroleum Ltd 10.0% Australian Oil Company No2 P/L 12.5%
Rig: Century Rig-18
Target Strata: Hutton SS Poolowanna SS Tinchoo SS
Yours sincerely
________________ TONY RECHNER DIRECTOR
EBR Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
