Churchie-11 (PL 192, Surat-Bowen Basin, Qld, Mosaic Oil-100%):
Churchie-11 is located on a subsidiary structural closure on the western flank of the Churchie field between Churchie-3 (1.7 kilometers (km) north-northeast) and Churchie West-1 (1.1 km south-southwest). The well location is defined by good quality 2D seismic data with positive seismic attributes similar to Churchie-3. Churchie-11 will target mean recoverable reserves of 3.5 BCF of gas. The P10 recoverable reserves are estimated at 8.6 BCF of gas.
The Churchie-11 well location is about 700m from the Churchie plant ensuring that it can be connected quickly for production if successful.
