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Northbridge Industrial Services Plc

New gas field discovery at Annie

Cooper Energy as Operator of VIC/P44 announced that the exploration well Annie-1 has made a new gas field discovery in the Otway Basin offshore Victoria. The well reached total depth (TD) of 2,442 metres measured depth rotary table at 9:00 am AEST on 4 September 2019. Within the Annie-1 borehole, the Waarre C and Waarre A Formation sandstones productive in the Otway Basin were penetrated. The Waarre C primary target was encountered at 2,241 metres MDRT, comprising

• Drilling has identified new gas field within Waarre C formation reservoir

• Results in line with pre-drill expectations

• First new Otway Basin gas field discovery from offshore drilling in 11 years

Northbridge Industrial Services plc (LON:NBI) hires and sells specialist industrial equipment to a non-cyclical customer base. With offices or agents in the UK, US, Dubai, Belgium, Germany, France, Australia, Singapore, New Zealand, Brazil and Korea, Northbridge has a global customer base.

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