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Sep 22, 2020

Good news for Denison Gas as drilling program begins

Good news for Denison Gas as drilling program begins Easternwell Rig 27 commenced drilling on Denison Gas’s Punchbowl Gully 2 well on September 22.

Denison Gas has commenced the first well in a development drilling program to increase gas deliverability to its Yellowbank processing facility. 

It comes amid news that State Government has named Denison Gas as preferred tenderer for PLR2020-1-10 – a 668sq km block about 135km north of Roma.

The area immediately adjoins several Denison Gas petroleum leases which contain the South Denison producing gas fields including Yellowbank and Westgrove. 

Denison Gas is very pleased to be awarded PLR2010-1-10,” chief executive officer Robert Gard said.

“Securing this block is a significant boost to our resource extension opportunities in the southern project area. 

“We already have a strong understanding of the area and have commenced integration of the prospectivity into our appraisal and development program. 

“It comes on the same day that we have commenced a development drilling program in the adjacent Petroleum Lease which will add additional production capacity to our already operating facilities.”

 

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