Norwest Energy has given a joint venture resolution to drill the EP368 exploration well at Lockyer Deep prospect in Western Australia with Energy Resources the green light.
The well is 15km east of the Waitsia gas field and directly on trend with the recent West Erregulla-2 gas discovery which, as recently reported by Strike Energy, has 2C contingent resources of 1.19 Tcf gas.
The Lockyer Deep-1 location offers the highest geological chance of success for testing of the Permian Kingia/High Cliff conventional gas play within the combined Lockyer-North Erregular Deep greater structure, for which Norwest Energy estimates prospective resources of up to 1.12 Tcf gas.
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