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Empire Energy Group: Carpentaria C-3H Operations Update

05 Sep 2023 5:30 PM | Stephanie Berlin (Administrator)

Increased flow rates reported at C-3H

  • Carpentaria-3H (“C-3H”) has flowed gas at an average rate of 3.3 mmscf / day (3.8 TJ / day) over the first 30 days (“IP30”) following reopening
  • C-3H was brought back online on 3 August 2023 and has demonstrated the material benefits to productivity of soaking, through significantly increased gas flow rates
  • The C-3H “post-soak” average daily production rates have increased 30% over the IP27 “pre-soak" test conducted during Q1 2023
  • Flow testing is continuing at C-3H to further refine a production type curve before incorporating it into Empire’s ongoing Front-End Engineering and Design (“FEED”) process for the Carpentaria Pilot Project (“Pilot”)
  • C-3H and C-2H may be utilised as development wells for minimal incremental cost in future development scenarios including the Carpentaria Pilot Project
  • Planning for the Carpentaria Pilot Project continues to gather pace

To view the full ASX announcement, click here.

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