ASX Announcement Artisan 1 Gas Discovery

Highlights

• Gas discovery at the Artisan 1 exploration well located offshore Victoria Otway Basin.
• 69.5 metres gross column within the Upper Waarre Formation with net gas pay of 62.9 metres.
• Additional 20.9 metre gross column with 4.6 metres of net pay in the overlying Flaxman Formation.
• The well is being cased and suspended as a future producer with the opportunity to tie-in to the Otway Gas Plant at a later date.
• Positive operational start-up of the Ocean Onyx