Commencement of Pre-FEED for Judith Gas Field Project

Tuesday 1 September 2020

APA has commenced Pre-Front End Engineering Design (‘Pre-FEED’) for the provision of midstream infrastructure and services related to gas that is planned to be produced from the Judith Gas Field following successful appraisal drilling

• Judith Gas Field Dynamic Modelling delivers simulated gas production for the Pre-FEED of:

  •          80 Million Standard Cubic Feet per day (MMscfd) sustained across 25 years 
  • 4 vertical production wells are used at production commencement with an additional 5th well introduced in year 15 
  • Modelling indicates that a minimum well-head gas delivery pressure of 7000kPa 
  • (1050psi) is maintained for at least a 25-year period at a field production rate of 80MMscfd
  •  Modelling is based on a 450m Gas Column Height within the Static Geological Model used to generate the Judith Resource Statement
  •  A 465m gas column height was measured in the Longtom Gas Field located in a similar structural setting 15km to the West of Judith
  •  The 1989 Judith 1 Well drilled downdip of the crest of the Judith structure proved the existence of movable gas and established a 150Bcf Contingent Resource

• Drilling Management Consultants AGR engaged by Emperor Energy have:

  • Completed an initial design for the Judith 2 Well to a depth of 3,235m
  • Completed a drilling Expressions of Interest (EoI) process with 5 submitted responses
  • Established a probabilistic estimation of well costs at $25M for a minimum case with logging and without flow testing
  • In a success case Drill Stem Testing (flow testing) will incur additional cost

• Global Seismic Acquisition company CGG have:

  • Recently completed a multi-client 3D seismic survey across the offshore Gippsland Basin including the Judith Gas Field
  • Preliminary results of this survey will be available to Emperor Energy in late 2020
  • 3D Survey was carried out with state-of-the-art equipment and techniques and will provide improved interpretation of Judith Gas Field gas accumulations

• Emperor continues to receive growing farm-in interest from potential drilling partners

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