EXPLORATION

Waitsia-2 exceeds expectations

OPERATOR AWE’s Waitsia-2 well has delivered “excellent” gas flows at 38.7 million cubic feet per day as RBC Capital Markets holds its Outperform rating for the company based on strong hopes for the Waitsia field.

Waitsia-2 exceeds expectations

The second well of three appraisal wells is also the second-best performing with Waitsia-3 delivering 50MMcfpd and Waitsia-1 25.7MMcfpd from the Kingia Sandstone.    The testing program was designed...

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